‘Bitcoin Never Shuts Down’: U.S. Treasury Secretary Marks Anniversary, Needles Democrats

💡 DMK Insight

Bitcoin’s resilience amidst Washington’s gridlock is a critical signal for traders right now. As Scott Bessent highlights the anniversary of Bitcoin’s white paper, it’s worth noting that this resilience could be a precursor to renewed interest from institutional investors. With regulatory uncertainty still hanging over the market, traders should keep an eye on how Bitcoin reacts to any potential policy shifts from the Treasury. If Bitcoin maintains its strength, it could break through key resistance levels, attracting more bullish sentiment. On the flip side, if Washington’s inaction leads to further uncertainty, we might see increased volatility. Traders should monitor Bitcoin’s price action closely, especially around significant news events or announcements from regulatory bodies. The next few weeks could be pivotal, so setting alerts around recent highs and lows could provide actionable insights for entry or exit points.