

🟡 The United States has just crossed a major new milestone regarding the Clarity Act! The White House has indeed reached an agreement on the ethical aspect of the Clarity Act, which clears one of the last hurdles before the adoption of this historic legislation. With a regulatory framework taking shape, crypto is settling in for the long haul in the financial system 🔥

Curious to see how the next few weeks unfold, as we’re right in the middle of the triangle, but also near the end of its compression. A breakout above the upper trendline around $70k would be the first major bullish signal ⏳ On the other hand, any move back toward the lower part of the triangle would very likely be a good opportunity for what comes next.

📊 Companies are preparing for the next bull cycle and are accumulating Bitcoin aggressively ✍️ In June alone, publicly traded companies purchased 8,992 BTC, representing more than $525 million invested despite the uncertainty in the crypto market. Institutional investors seem to be taking advantage of the dip to strengthen their positions, while retail investors appear to be much more hesitant.

🟡 Strategy has just sold another portion of its Bitcoin 😬 Michael Saylor's company sold 3,588 BTC for approximately $216 million to fund dividends on its digital credit securities. Despite this sale, Strategy still holds 843,775 BTC in reserve, along with $2.55 billion in cash. An exceptional operation that does not undermine its long-term Bitcoin strategy but goes against Michael Saylor's advice 🤔




