BeGentleWithLeverage

$BTC is squeezing beneath a major horizontal resistance within an ascending triangle.
• 21MA and 50MA continue to provide strong dynamic support below price.
• A confirmed breakout above resistance could ignite the next bullish leg.
• A breakdown below the rising trendline, followed by a loss of both moving averages, would shift momentum in favor of the bears.
The market is approaching a decision point.
Watch the breakout.
Watch the volume.
Let price confirm the next direction.
#BTC #Bitcoin #Crypto #TradingSetup #PredictWorldCup🇳🇴vs🏴󠁧󠁢󠁥󠁮󠁧󠁿

CoinWorld news, Tether invested $20 million to acquire a stake in Mercado Bitcoin, Brazil's largest cryptocurrency exchange, which has 4.5 million users and is authorized by the Central Bank of Brazil. This investment aims to expand payment and lending businesses in Latin America.

CoinWorld news, Peter Schiff criticized Strategy's Bitcoin financing model, calling it a "medium-term Ponzi scheme." He pointed out that after selling 3,588 Bitcoins to meet dividend obligations for its digital credit securities plan, Strategy deviated from its original method of raising funds through stock and debt issuance to purchase more Bitcoin. Nevertheless, Strategy remains the largest publicly traded Bitcoin holding company, still holding 843,775 Bitcoins on its books. Schiff believes that the company's preferred stock structure could create more financial pressure under deteriorating market conditions, potentially forcing Strategy to raise dividends to maintain investor demand, which may increase its reliance on selling Bitcoin or raising additional funds.

England vs Mexico pre-match: Captain Rice is playing through injury but is expected to feature. Right-back Reece James missed training and is questionable for the match, but Quansah has recovered and is available to play. Match time: July 6 (Monday) at 1:00 AM (British Summer Time).

CoinWorld News, Tesla will begin limiting employee spending on AI tools from the 6th of this month. Each employee has a weekly spending cap of $200 on AI tools, and any excess must be approved by a supervisor. Tesla employees' use of Musk's XAI's Grok model will not count towards the $200 limit. Grok has relatively low acceptance among Tesla employees, with most still choosing to use Anthropic's Claude.

Tesla notified employees that starting July 6, the internal AI computing power and model call expenditure cap will be set at $200 per week, with any excess requiring approval; previously, costs often reached thousands of dollars. The company is promoting a unified AI platform called Bottle Rocket, integrating models from OpenAI, Anthropic, and xAI, transitioning toward company-level control, with cost pressures prompting tighter budgets. This move reflects that many companies are shifting from encouraging AI expansion to cost control. Musk emphasized that future value lies in AI products such as Robotaxi and Optimus, while current revenue has been stagnant for two consecutive years.

CoinWorld reports that the sell-off in gold and silver is dragging down Bitcoin, with gold prices falling below $4,000 for the first time and silver prices dropping more than half from their highs; Bitcoin is around $58,000. The three were previously driven by the same "devaluation trade," where government spending and debt expansion erode the value of fiat currency, prompting funds to flow into scarce assets. Hawkish remarks from the Federal Reserve have led market expectations for two more interest rate hikes by 2027, putting pressure on hard assets; Bitcoin's position in this basket is once again questioned, making it difficult to serve as a hedge against currency devaluation.

CryptoWorld News: Russian Ministry of Defense: Russia shot down 301 drones overnight.

CryptoWorld News: Since the Bitcoin financing tool STRC was launched in late July 2025, its trading price has approached a face value of $100 but is currently heavily discounted. On Thursday, STRC dropped to a record low of $82.53, closing at $88.59, below face value. Since its launch, Bitcoin (BTC) has fallen approximately 50%.

CoinWorld News, Majie Huang Licheng increased his ETH long position by 250 coins, approximately $417,570, bringing the total holdings to $1,764,210. The average price was adjusted from $1,762.88 to $1,739.50. Currently, the unrealized profit and loss for this long position is -$62,267.88, with a loss ratio of -88.24%. The current ETH price is $1,680.20, and the liquidation price is $1,646.56. This trader previously profited from blue-chip NFTs but has experienced a massive drawdown since October, with funds shrinking from over a hundred million to several hundred thousand dollars.

Crypto news, CME Group CEO Terrence Duffy is preparing to file a lawsuit against the CFTC, arguing that crypto perpetual contracts are actually swaps as defined by the Dodd-Frank Act and should follow existing derivatives rules. This move comes after the CFTC approved regulated crypto perpetual contracts on platforms like Coinbase and Kalshi. CME warns that this decision could recreate market risks similar to those of 2008.

$BTC After taking out a cluster of long liquidations, price has started to rise again.
This move higher has left behind yet another liquidation cluster below price waiting to get swept.
Meanwhile, on the lower timeframes, there isn’t much liquidity sitting above us.
From a liquidity perspective, the downside remains the more interesting area for now.

CryptoWorld News reports that Google (GOOG.O) will provide a $35 billion chip transaction backstop support to Anthropic. With Google’s assistance, Anthropic will lease chips in five data centers.

CryptoWorld News reports that, according to the Lebanese National News Agency NNA: An attack by Israel on southern Lebanon has resulted in the death of a medical worker.