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Bull Theory
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Bull Theory
Thread
#Thread#
BREAKING: SCOTT BESSENT ACCUSES COINBASE OF HOLDING UP CRYPTO MARKET STRUCTURE BILL Bessent says some crypto firms would rather kill the bill than accept stablecoin yield rules, while banks and most of the industry want market structure passed.
Bull Theory
02-07
Thread
#Thread#
The $75,000 zone we highlighted earlier was a very crucial level for Bitcoin. The moment BTC lost that weekly support, the downside accelerated fast. Within just a few days, price tapped the $60,000 zone, exactly the range we had highlighted. Once $75K broke, the higher high and higher low structure on the bigger timeframe failed. That structure break is what opened the door for this straight move lower. Now Bitcoin is trading below both the 20W and 50W moving averages, which keeps momentum weak on the weekly timeframe. As long as BTC stays below these MA, upside remains capped and rallies will act as relief bounces, not trend reversals. On the downside, the next major area sits around the MA200 and historical cycle support zone around $50K. That zone has historically acted as the final reset area during deep cycle corrections. So from here the structure is simple: • Reclaim $75K and then $100K → structure repair begins • Stay below key MAs → risk of deeper move toward $50K remains twitter.com/BullTheoryio/statu...
BTC
0.47%
Bull Theory
02-07
Thread
#Thread#
🇺🇸 President Trump just said: “I’m predicting the Dow will hit 100,000 by the end of my term. Remember, Trump was right about everything.”
Bull Theory
02-07
Thread
#Thread#
🇺🇸 Over $1.4 TRILLION has been added to the US stock market today. This Week’s Performance: Dow Jones: +2.50% (new all-time high) Russell 2000: +2.17% S&P 500: -0.10% Nasdaq: -1.79% Dow surges more than 1,000 points to break 50,000 for the first time in history.
RUSSELL
0.31%
Bull Theory
02-07
Thread
#Thread#
BREAKING: Over $304 billion has been added to the crypto market in the last 20 hours. Bitcoin is up 17% and has pumped $10,000 from its lows, reclaiming $70,000. ETH surged 18% and reclaimed $2,000 from lows of $1,750. $550 million in shorts were liquidated.
BTC
0.47%
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