#BTC
Despite this week's downside volatility, Bitcoin continues to maintain its potential Bull Flagging structure here
A Weekly Close above the Bull Flag top (~$119200) would be the ultimate turnaround to kickstart a breakout into trend continuation
$BTC #Crypto #Bitcoin

#BTC
In successfully retesting its Range on the Daily timeframe...
Bitcoin is further developing its Weekly Bull Flag
A Weekly Close above ~$119200 would kickstart the Bull Flag breakout process
Discussed earlier this week:
https://newsletter.rektcapital.co/the-bitcoin-roadmap-3/…
$BTC #Crypto #Bitcoin

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According to the four-year cycle of Bit, Bit may reach a new high in 2025 and then quickly decline and enter a bear market. However, Matt Hougan, founder of <ONT> ETF issuer Bitwise, stated that the Bit halving effect is fading, and under the support of ETFs, institutional adoption, and the Genius Act, the four-year cycle of Bit will be broken. The cryptocurrency will continue to prosper and enter a super cycle in 2026, and early profit-takers may miss significant gains.

From halving to super cycle, institutional funds will trigger a new peak in Bitcoin in 2026

President Trump announced reaching a major with the European Union, with the EU committing to invest an additional $in the United States. July . On July of 28,, Donald Trump announced that a trade had been reached...

Trump announces trade deal with Europe

According to the People's Daily report, the Haidian District Procuratorate in Beijing disclosed that a former employee of a short video platform, Feng, colluded with external merchants and fraudulently obtained 140 million yuan in subsidies through methods such as leaking internal data and filing false reports. The illicit funds were received by shell companies, converted into Bitcoin, and laundered through "coin mixing" techniques, with some funds transferred back to accounts controlled by Feng. Feng and 6 other individuals were sentenced to prison terms ranging from three to fourteen and a half years, along with fines. Over 90 Bitcoins were recovered, and the verdict has taken effect.