Description
On today's episode I talk about:
MAIN TOPIC: Bitcoin closed above its critical 50-week moving average even after a wild 5.8% drop, a level Galaxy’s Alex Thorn says has historically confirmed bear market bottoms.
Secondary Topic: Elizabeth Warren is expected to chair the Senate Banking Committee, giving crypto’s toughest critic real power to stall legislation, launch investigations, and freeze the regulatory path for years.
• How the 50-week MA signal has played out in past cycles
• Why a weekly close above it matters more than the daily noise
• What Warren actually controls as Banking Committee chair
• How this impacts the CLARITY Act and future crypto rules
• Why stocks celebrated the midterm result while crypto faces longer-term risk
#Bitcoin #BTC #ElizabethWarren #CryptoNews #SenateBanking #CLARITYAct #CryptoRegulation #StockMarket #Midterms #GalaxyDigital #50WeekMA #CryptoBlood
Disclaimer: Trading is high risk. The content is for educational and entertainment purposes only. Past performance is not indicative of future results. Trade at your own risk.
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