Trump Media & Technology Group (DJT): Big Moves Ahead?Good morning, trading family!
Trump Media & Technology Group (DJT) is at a critical juncture, and here’s what we’re watching:
If the price falls below $33.87: It could drop to $30-$28, with a chance of bouncing back to $59.57 afterward.
If the price breaks above $38.51: We could see momentum push it to $59 or higher.
If it fails to hold $28: Deeper declines may follow.
These levels are key, and how the price reacts will set the direction. Let’s stay sharp and trade smart!
Comment, like, follow, or send me a DM if you want more insights on this setup!
Kris/Mindbloome Exchange
Trade What You See
Trump
BETA/USDT: Descending Channel Setup | 575% Potential Return
BINANCE:BETA/USDT - 1W TIMEFRAME🎯
TRADE SETUP:
━━━━━━━━━━━━━━━━
✦ CURRENT PRICE: $0.04446 (-2.92%)
✦ TARGET: $0.19071 (+575.85%)
✦ STOP LOSS: -10% (Marked in red)
✦ RISK:REWARD: 57:1
✦ VOLUME: 11.82M
TECHNICAL ANALYSIS:
━━━━━━━━━━━━━━━━
1. PATTERN STRUCTURE:
• Trading within descending channel
• Double trend line resistance (black & blue)
• Clear support zone at channel bottom
• Potential reversal zone approaching
2. MARKET CONTEXT:
• Price near historical support
• Volume stabilizing at lows
• Channel compression point ahead
• Strong overhead resistance levels
3. PROJECTED MOVEMENT (White Line):
• Initial consolidation period
• Break above both trend lines
• Accelerated move to target zone
• Multiple retests expected
STRATEGY EXECUTION:
━━━━━━━━━━━━━━━━
ENTRY PLAN:
• Base entry near current levels
• Add on trend line breaks
• Final position on volume confirmation
RISK MANAGEMENT:
• Clear -10% stop loss defined
• Cut losses if channel support breaks
• Scale out at resistance levels
IMPORTANT DATES:
━━━━━━━━━━━━━━━━
• Pattern completion: Early 2025
• Target timeframe: Late 2025 - Early 2026
• Critical support test: Q1 2025
RISK DISCLOSURE:
━━━━━━━━━━━━━━━━
Trading involves substantial risk. This analysis is for educational purposes only. Always conduct your own research and use proper risk management.
#BETA #TechnicalAnalysis #Crypto #TradingView #CryptoTrading
Tags: @TradingView
Note: The stop loss level is clearly defined at -10%, providing a precise risk management point for this high-reward setup.
$DJT Analysis of the Chart: Trump Media & Technology Group CorpThis daily chart shows Trump Media & Technology Group Corp., currently trading at $34.71, slightly below the pivot level (P: $34.58) and experiencing a minor pullback. The white dashed lines represent dark pool levels, indicating significant institutional activity zones. The price is consolidating near critical levels, with a potential for either a bullish recovery or a bearish continuation, depending on upcoming price action.
Technical Analysis
Trend Analysis
Prior Trend:
The stock has exhibited a downtrend from August through mid-September, characterized by lower lows and lower highs.
A bullish reversal began in late September, leading to a strong rally into November, crossing major resistance levels and forming a clear uptrend.
Current Trend:
After hitting a peak at $53.99 (R3) in early November, the stock entered a correction phase.
The price has been consolidating near the $34.58 pivot level, testing the 8 EMA for support.
Key Levels
Resistance Levels:
R1 ($41.99): First key resistance and potential profit target for a bullish move.
R2 ($46.57): Secondary resistance where sellers might reappear.
R3 ($53.99): Major resistance, representing the upper boundary of the previous rally.
Support Levels:
S1 ($27.16): First critical support level below the current price, coinciding with prior consolidation.
S2 ($22.58): Secondary support level, marking the midpoint of the September rally.
S3 ($15.17): Significant long-term support, indicating the lower end of the bearish phase.
Dark Pool Levels:
The white dashed lines indicate dark pool trading activity, with notable levels at $34.58 (Pivot) and $30.28, both acting as significant support or resistance depending on price action.
Volume Analysis
Volume spiked during the rally in October and early November, signaling strong institutional participation.
Recent volume is declining, which is typical during consolidation, but a volume breakout would signal the next directional move.
Moving Averages (8 EMA and 21 EMA):
8 EMA (yellow line): The price is currently testing this short-term support level. Holding above this line would indicate potential bullish momentum.
21 EMA (blue line): Acts as medium-term support. A break below it would suggest bearish continuation.
Potential Scenarios
Bullish Case:
Key Factors:
The price holds above $34.58 (Pivot) and the 8 EMA, confirming strong buying interest.
A breakout above R1 ($41.99) would signal a resumption of the bullish trend.
Entry: Enter a long position above $35.00, confirming a bounce off the pivot or a breakout above the 8 EMA.
Profit Targets:
First Target: $41.99 (R1).
Second Target: $46.57 (R2).
Stretch Target: $53.99 (R3).
Stop Loss: Close below $32.75, as a break of this level invalidates the bullish setup.
Bearish Case:
Key Factors:
The price breaks below $34.58 (Pivot) and the 8 EMA, confirming selling pressure.
A breakdown below $32.75 would likely lead to further declines toward support levels.
Entry: Enter a short position below $32.75, confirming a breakdown.
Profit Targets:
First Target: $30.28 (Dark Pool Level).
Second Target: $27.16 (S1).
Stretch Target: $22.58 (S2).
Stop Loss: Close above $35.50, as it would invalidate the bearish setup.
Conclusion
The stock is currently at a critical juncture, consolidating near the $34.58 pivot level and the 8 EMA. A decisive move in either direction, accompanied by volume confirmation, will determine the next trend. Traders should watch for a breakout above $35.00 for a bullish setup or a breakdown below $32.75 for a bearish move. Clear profit targets and stop-loss levels are essential to managing risk in this trade.
Bitcoin preparing for the next move!Bitcoin is currently consolidating in an ascending parallel channel after a very sharp rally.
The most likely scenario is that it will remain in this channel for a while longer, until it ends up breaking up with the approach of Trump's presidency.
If it breaks the channel downwards, there are chances of a slightly deeper correction, and we could visit US$90K.
#TRU/USDT#TRU
The price is moving in a descending channel on a 30-minute frame and is expected to continue upwards
We have a trend to stabilize above the moving average 100 again
We have a descending trend on the RSI indicator that supports the rise by breaking it upwards
We have a support area at the lower limit of the channel at a price of 0.1200
Entry price 0.1200
First target 0.1250
Second target 0.1300
Third target 0.1370
GOLD PRICES RETREAT AS STRONG DOLLAR PREVAILS AND ECONOMIC DATA Economic Data Impacting the Market
On December 12, 2024, the U.S. Bureau of Labor Statistics released important economic data. The Producer Price Index (PPI) rose by 0.4% in November, higher than the expected 0.2%, and showed a 3.0% increase over the year, marking the largest gain since February 2023. Additionally, the core PPI, which excludes food and energy, went up by 0.2% for the month and 3.5% annually. Initial jobless claims for the week ending December 7 reached 242,000, significantly above the expected 220,000, indicating rising unemployment. These mixed signals highlight ongoing inflation pressures alongside a weakening job market.
Fed Rate Cut Expectations Shift
According to the CME FedWatch Tool, the probability of a rate cut by the Federal Reserve in December has decreased to 96.70% from 97.50% a day ago, signalling changing market expectations.
$AAVE - Donald Trump has bought it !!Hey Community,
I am back with ideas and setups from time to time here so I would appreciate the like and follow and enjoy all the content ♥
Good timing on CRYPTOCAP:AAVE with the entry just before U.S. President-elect Donald Trump's World Liberty Financial has spent $12M on CRYPTOCAP:ETH , CRYPTOCAP:AAVE , and CRYPTOCAP:LINK in the past 10 hours, including:
• 2,631 CRYPTOCAP:ETH (10M) at ~$3,801
• 3,357 CRYPTOCAP:AAVE (1M) at ~$297.8
• 41,335 CRYPTOCAP:LINK (1M) at ~$24.19
This is the fund's first purchase of CRYPTOCAP:AAVE and CRYPTOCAP:LINK 🚀
This can send CRYPTOCAP:AAVE higher for longer as the President will do a lot in order to make money with his coin and possibly knows about implementations of CRYPTOCAP:AAVE !
XRP BOOM!XRP REACHED 400% gains in the month of November before a pull back to the previous breakout zone. Ripple CEO appeared on 60 Minutes for a brief interview to introduce the world to the entire crypto industry as a whole. Although it was bias news, it was great news. On 12/10/24 Brad Garlinghouse announced that $RLUSD has been approved and will be listed on exchanges soon.
I look for XRP to reach towards $3+
The price target varies. If RLUSD approval quickly helps XRP rise, the mere adoption of the US backed stable coin and the possible overtaking of competitor Swift. XRP could reach milestone levels, above the $100-$500 range. After trump gets in office, gensler steps down, and regulations are made in the congressional seats. Ripple could grow to see ETH type numbers. This would be dependent on financial adoption and utilization around the world. Keep an eye on this. Good luck!
DOLLAR DROPPING?This week, I anticipate the DXY to retrace before continuing its recent bearish trend. Since reaching the weekly supply level, the price has consistently formed lower lows and lower highs. This bearish momentum aligns with the bullish trends seen in pairs like GBP/USD and EUR/USD, which I use as additional confluence.
I’ll be watching for the price to retrace to around 106.400, a key area for potential sell opportunities on the dollar. This level aligns well with points of interest (POIs) in my other forex pairs, adding further confidence to this setup.
Note: As we approach the final month of the quarter and year, market conditions may become less predictable due to lower volume. Stay alert, but manage expectations accordingly.
Stay vigilant, and trade safe!
What about DXY?I haven't updated my DXY analysis for a while. So let's dust it off.
The last update was in September when the atmosphere was changing in a way that we couldn't predict the US Election clearly and for a short period, the market thought the results wouldn't be as it is today. That was why I was a bit bearish on DXY. By getting closer to Election Day the clouds were going away and it got easier for the market to see the outcome. So, it strengthened the dollar while weakening the Gold as we expected the geopolitical tensions to cool off.
What's next?
For now, I see the 10-year bond yield can show a bit more weakness to come just below 3.99%. Then after that, we should update our analysis and see what comes next. But I think ~4% is low for now and after that, I like to see a jump back up. In this short-term correction DXY would follow the 10-year bond yield and most probably come into the range of 104 to 105. That's also can be a small driver for Gold to go higher a bit.
Time for the Dollar to be realisticWith the news of Donald Trump being the united states new president we have seen nothing but euphoric bullish price action of the dollar. However, I believe that it is finally time for that to come to an end and for the dollar to continue in it's gradual and slow demise.
I believe the dollar push to the upside was nothing but a retracement on the HTF and with the bitcoin becoming more of a powerhouse we will continue to see the dollar lose its value.
This is supported through my analysis as we can see the dollar reacting from the weekly imbalance and creating LL and LH and Breaking structure to the downside. I believe that this will continue this week and be looking to sell after price takes the ASH and forms Wyckoff in my 3H supply.
My only hesitation is that my other pairs that go against the dollar I am also predicting to sell, Although we haven't seen the usual correlation between the pairs they normally have i am still cautious but my analysis remains ever true. If the dollar decides to push further up it will simply be filling the remainder of the Imbalance in order to have a proper reaction from the weekly supply.
BCH Long Awaited Breakout of the Multi-Year downtrend incoming?
Hi everyone! Today we are looking at Bitcoin Cash (BCH) which has seen its share of drama including unexpected parabolic moves in the past.
We're starting our analysis on the Monthly chart so we can zoom ALL the way out, and I am in log mode as I prefer this when I do my technical analysis. The chart looks very different here if you aren't in log mode, but when you turn it on, this YEARLY downtrend line appears, and we happen to be testing it at the moment during an extremely bullish time.
I'll be honest, I have not been a fan of BCH in the past, but my feelings about such things have led to missed opportunities, and so when we do TA, we focus on the data, and we try to be as objective as possible to avoid letting bias or emotions influence what we see or do.
Now the BCH story is quite interesting if you dig into it. Those that were around when it launched will never forget that day, as you received free BCH,1:1 with Bitcoin (BTC) given it is a fork of BTC. The challenge and drama set in since this was an attempt by a centralized entity led by Roger Ver to try to unseat Bitcoin by offering new features and capabilities he felt were lacking in the original blockchain. But this was met with much controversy, since the greatest value of crypto is in its decentralized ledger, and some might even say its mysterious origins. Who is the real Satoshi? Will we ever know? Is it one person, or a collection of people? Perhaps an entity or a foreign government? We may never know. In fact, I am sure we will never know.
In any case, the self-proclaimed "Bitcoin Jesus", Roger Ver, was recently arrested on Fraud Charges. Ver faces three counts of mail fraud, two counts of tax evasion and three counts of subscription to a false tax return, according to the United States Department of Justice. He was an early adopter of Bitcoin, and smart enough to purchase the domain Bitcoin com. He's facing 109 years in prison, which is probably extreme, but it seems that someone is trying to make an example out of him. He's been accused of misuse of power, suppressing innovation, and dissent. Today his networth is estimated in the range of $500 million to $1 billion.
On December 3rd, 2024 his legal team filed a motion to dismiss a criminal indictment against him having to do with an exit tax where he's accused of failing to accurately disclose the value of his assets when he renounced his US citizenship in 2014 after acquiring citizenship of St Kitts and Nevis.
With the incoming Trump Administration in the United States, and the "Free Roger Ver" movement, one doesn't have to think twice about the potential for a Trump pardon. Trump has been highly favorable to crypto and Bitcoin, which is easily seen by the amount of donations he received from the community and the skyrocketing of the space following his November 5th win. Just yesterday, Trump named David Sacks of the PayPal Mafia as his "Crypto and AI Czar". David Sacks is closely tied to Peter Thiel who brought him into PayPal (see the book: "The Founders") in its early days. Peter Thiel invested heavily in Donald Trump's Presidential Campaign. While David Sacks is also a co-founder and partner of a VC firm Craft Ventures who invested in Multicoin Capital. Multicoin Capital is a VC firm who backed Solana in 2017.
Are you making a connection yet? Why all of this backstory? Well, we would be remiss to ignore the macro environment and the potential for favoritism as Trump has already stated intention for multiple Pardons, and today, Roger Ver is one of the leading bets in Polymarket for a pardon. If you were tracking, you'll remember that Polymarket correctly called the U.S. Election.
Okay... so without further background speculation, lets get back to the charts with these data points in mind to assist us. Not creating bias, but making us smarter and improving our probabilities. Remember all markets are based on speculation and price is simply a function of supply and demand.
Zooming in to the 12 hour chart, identify a few interesting data points:
1. The cup and handle pattern off the most recent high around $720 draws nicely on the chart.
2. The break over the 200-day Moving Average.
3. Notable volume to support the break out of the 200-day MA.
4. Another test and arguably we are seeing a cross over of the multi-year downtrend line. Remember this is in a confirmed Bull Market, along with my rabbit hole analysis of the macro environment that can directly affect speculation on BCH above.
This alone gets me excited and bullish on BCH. But it doesn't stop there.
I want to provide a different view from the Weekly Chart, where I've tracked over to Binance from the Coinbase chart which has less historical data, and i'm making a potential bear case. It's critical to always consider the bear case on everything. A bear might say, Look at the upward facing wedge pattern, and how the price is just testing the outside of it, which happens to coincide with a key point on the Coinbase chart showing the multi-year downtrend. One should be careful and look for more confirmation on the chart for a breakout, rather than calling a breakout before it happens, since it is just as likely (if not more likely) that we bounce off these lines as resistance. I remain bull however, as I'm using other data points, and we'll take a look at this a little more closely below.
Zooming in to the 4-hour chart, I'm tracking 2 upward channels. You can see the larger channel, and the more recent skinnier and steeper channel that have formed. I'm also tracking a fibonacci extension that seems to fit the current move after a quick swing outside of the skinnier channel. What I like about this extension is the bounces off the fibs, with the potential to reach higher extensions that break out of the downtrend. I am also using the bearish rising wedge here to show the risk of the reversal if this is a real resistance point.
A quick review of the Weekly Chart on the BTC pairing shows some very obvious signs that support a bullish hypothesis. A breakout of the downward wedge that started from the high in March of this year 2024 also breaks above the BTC 200-day MA, and we see some increasing volume though nothing quite obvious from a volume perspective yet. However, I wouldn't be surprised if that volume increases sharply in the near future. A MACD bullish crossover on this chart would support this hypothesis. We also appear to have potentially completed an ABC correction of the massive move from the lowest low in June 2023. Finally, as we use our fib extension to look for targets of a bull breakout, we see a nice confluence of the May 2021 high falling somewhere in the range of 2.618 and 3.618 extensions.
Using multiple view and time scales along with indicators to support our hypothesis is enough to give us a bullish hypothesis. When you add in the very present Roger Ver story, and the storied history of BCH, we realize that there is at least enough speculation for those that missed the opportunity Bitcoin itself provided. While I am indifferent on the potential of BCH, I have no bias or real interest in this asset personally. I can admit that following the BTC 200-day breakout I took a very small position of a single BCH given the upside potential.
When considering how to protect yourself against the challenges of inflation, the opportunity the crypto space offers, and the exciting developments we are in store for in the coming year, one cannot ignore the potential BCH provides that is told only by the charts. The opportunity to maximize an investment with BCH has strong risk/reward, given the previous high was $4300 on Coinbase. There's a whole other story behind that parabolic move, but I'll let you look into that one yourself.
Thanks for reading and be safe out there! This is for informational purposes only and not a suggestion or recommendation to buy or sell any asset or otherwise. You are responsible for your own decisions no matter where you get information. Never invest if you can't afford it and consider all investing gambling.
- Shadowfigure
21k before Trump will lose USA elections in November.So it's obvious, that BTC will rally to reach new ATH before November and will collapse miserably after Trump will lose USA election and stock market crash. Also, COVID-19 will create real apocalypse in the USA (I'm talking about riots and shooting in the streets because bastards there have too many guns and not so much brain). But if Russia will help Trump with reelection, bitcoin will pump further to the moon.
#shorttesla
Bitcoin Swinging to 100K?Bitcoin (BTC) Swinging to $95k then $100k? With confirmed interest in crypto from the Trump Media (DJT). They are signaling that crypto will be the next hot thing. We are at all time high for crypto Market Cap at $3 Trillion. More money will pour in if banks and the US become more Crypto-friendly!
"A Strong Setup for Bitcoin's Surge to $110K NEXTBitcoin is trading around $96,000, with strong indicators pointing toward a potential surge to $110K. The cryptocurrency’s recent price action has captivated market watchers, as it consolidates within a narrow range below the $110,000 threshold.
Analysts view this consolidation phase, between $95,000 and $98,000, as a necessary breather following a major rally. It provides the market with time to stabilize before its next potential breakout.
**Consolidation or the calm before the storm?**
On the daily chart, Bitcoin’s reduced volatility highlights market indecision. Yet, technical indicators suggest a bullish undercurrent. The moving averages reveal a golden cross pattern, with the 50-day moving average staying well above the 200-day average—a strong signal of sustained bullish momentum.
With the stage set for a decisive move, Bitcoin’s next steps could determine its trajectory toward the $110K mark.
LINK ON BIO FOR ALL INFO
RBOB post tariff structure and range to take advantage of!Hi guys today we are starting off with RBOB , which has been quiet for the past month and it has been trading in a structured range between 2.05 as a high resistance and 1.92 / 1.94 as strong support. As of today we are currently sitting at the given support line of 1.92 and the latest news which came from President Trump that he will impose tariffs on Canadian and Mexican Imports , which would probably impact and touch the Oil Industry. The U.S. imports 4M barrels of Crude Oil every single day from Canada and around 900-1M barrels of Oil Crude Oil from Mexico. These tariffs would definitely touch the consumer as a long term which would give us a boost into the overall demand / supply play around the prices of Petroleum Products.
Current entry RBOB (Gasoline)
1.9300 entry level, with two separate targets.
Target 1: 1.9755
Target 2: 2.0310
The strategy can be repeated after the targets are touched with a patient retracement of the lower support line and input similar targets.
TradeCityPro | NEARUSDT Analysis Attempting to Reach a New ATH👋 Welcome to the TradeCityPro channel!
Let's analyze one of my favorite coins, NEAR, and evaluate its potential short-term and long-term targets.
🌍 Bitcoin Analysis
Before starting the NEAR analysis, as usual, let's take a look at Bitcoin during the London session. Bitcoin is still ranging and even slightly trending downward. On the other hand, Bitcoin dominance (BTC.D) has a clear bearish trend, allowing altcoins to pump and move upward.
Educational Note on BTC.D: If Bitcoin breaks above $100K, BTC dominance will likely rise initially, pushing altcoins along with Bitcoin. Later, BTC dominance might retrace to levels like 59.60, enabling another altcoin rally.
📅 Weekly Time Frame
NEAR stands out as one of the coins that made a significant bullish move early on, even before the broader crypto market rallied in 2023. After breaking out of its falling wedge pattern, NEAR initiated an upward trend.
falling wedge is inherently bullish and signals a trend reversal, especially when observed on higher time frames.
NEAR never revisited its major support at $3.736 and instead bounced strongly from there.
The coin is now approaching its previous peak of $8.289.
After bouncing off the 0.382 retracement level (from $3.736), NEAR looks ready for further upside , Potential Fibonacci extension targets: $13.556 - $30.183 - $53.370
Upon breaking $8.289, we can plan an entry while adhering to risk management, with a stop-loss at $3.736 for mid- to long-term holding.
📊 Daily Time Frame
NEAR recently bounced from $3.525, initiating a strong rally that reached the resistance at $8.289. The price experienced rejection at this level, leading to a consolidation phase.
Abeautiful parabolic trendline can be observed, where NEAR continues forming higher highs and higher lows , Each touch of this trendline has resulted in a bounce so far.
Breaking this parabolic line could indicate a short-term correction but doesn’t necessarily mean a full trend reversal.
Post-breakout above $8.289, with RSI entering the overbought zone (around 78.90), is a potential buy signal , Suggested stop-loss levels: Risky: $10.50 - Safer: $7.51
Personally, I’d rather take a stop-loss than miss out on a breakout caused by whales.
⏳ 4-Hour Time Frame
NEAR has been ranging between $7.16 and $13.78 for several days, clearly defining potential triggers
📈 Long Position Trigger
break above $13.78 presents an excellent opportunity to open a long position, with even a stop-buy setup before reaching the level.
📉 Short Position Trigger
I am currently not considering short positions, focusing solely on long entries after corrections.
💡 BTC Pair Insight
NEARBTC has also shown a strong setup. After its rally in 2023 and early 2024, it has been consolidating gradually.
NEARBTC hasn’t revisited its key support this year, which is a positive sign.
The coin is now breaking a key resistance trendline, further justifying a focus on USDT-based triggers.
📝 Final Thoughts
Stay calm, trade wisely, and let's capture the market's best opportunities!
This analysis reflects our opinions and is not financial advice.
Share your thoughts in the comments, and don’t forget to share this analysis with your friends! ❤️
Bitcoin: The Crypto Rally Isn’t Over—Are You Ready for the Next Bitcoin: The Crypto Rally Isn’t Over—Are You Ready for the Next Leg?
Bitcoin has been leading the charge in the recent crypto rally, showing strength and resilience across key levels. While some traders might expect a pause or a pullback, I don’t think the bullish momentum is done just yet.
I believe there’s at least one more leg up in this rally, and I’m preparing to capitalize on the move. Here’s the breakdown:
Momentum in the Crypto Market
Bitcoin has been riding a wave of optimism, driven by institutional interest, improving sentiment, and favorable macro conditions. The broader crypto space seems to be in a risk-on mode, supporting further upside potential.
Bullish Continuation Likely
The recent rally has broken key resistance levels, signaling strength in the trend. While short-term consolidation or small pullbacks may occur, the overall trajectory remains upward.
Trade Idea
Looking for Longs: My bias remains bullish, and I’m ready for the next move higher. I’m focusing on dips into support zones or breakouts above resistance for potential entry points.
Risk Awareness: While the rally looks strong, volatility in crypto markets can strike unexpectedly. Managing risk remains crucial.
ADA | Crypto, Congress & CardanoCharles Hoskinson & Trump Team Up to Tame the Wild West of Crypto
The trading volume for Cardano reached $ 5,150,683,356 over the last 24 hours, marking a significant 390% increase from the previous day and reflecting a recent surge in market activity.
Cardano's founder, Charles Hoskinson, has confirmed plans to work with the US government under Donald Trump's leadership to help shape cryptocurrency legislation. The primary objective is to establish clear regulatory frameworks for the cryptocurrency sector, which has long dealt with uncertainty and regulatory hurdles.
In his latest comments, Hoskinson emphasized that developing favorable policies for cryptocurrency would require support from both Democratic and Republican parties. This announcement comes as Cardano and other major blockchain networks, like Bitcoin, continue to face legal challenges from US agencies
Hoskinson underscored the significance of bipartisan cooperation, noting that the recent FIT21 bill passed in the House with support from over 60 Democrats, reflecting growing momentum for bipartisan crypto legislation.
He also acknowledged the potential influence of a future Republican-controlled Senate, House, and presidency, suggesting that the current political landscape could provide the crypto industry with a long-sought path to legal clarity.
Honestly this is the only miracle that could happen for ADA holders and the only factor that could move ADA cuz they missed so many opportunity includin ETFs
ADA next major resistance is 0.79$ and if BTC keeps lagging alts will follow the pump too