This week was a long month for crypto enthusiasts!
Bitcoin’s (BTC, “B+”) sprint finally slowed this week. It’s now back in range-bound trading — with the price stuck near $78,000.
That doesn’t erase the fact that Bitcoin’s bullishness over the past week was the wakeup call the broad market needed.
Not only because it created enough momentum to bring the top 300 altcoins along for the ride. But because it gave us a solid floor. One we know is very unlikely to buckle.
According to cycles expert Juan Villaverde, The Numbers Don’t Lie: Bitcoin’s 4-Year Low Is In!
In his latest update, Juan runs the calculations to prove that the math just doesn’t support another Bitcoin crash. Certainly not one that would take Bitcoin to new cycle lows.
Which means we have new key levels every investor needs to have on their radar …
- Bitcoin long-term support sits near the July low, around $58,000.
- Bitcoin near-term support is currently near $72,000.
- Bitcoin near-term resistance sits near $82,000. A break above and retest of this level unlocks the next range higher.
But for the real insight and actionable takeaways this rally can provide, I suggest you read up on what your team of crypto experts have uncovered this week …
Crypto Tailwinds Gather Following the Market’s Big Move
Several altcoins saw triple-digit gains over the past week. Those were what caught most investors’ attention.
But none of that would have been possible if the Big 3 — Bitcoin, Ethereum (ETH, “B+”) and Solana (SOL, “B”) — didn’t do their part. That’s why DeFi expert Marija Matić dives into how all three did during the latest rally.
And she reveals a leveraged Bitcoin play that could present an interesting opportunity. Especially for market participants looking for a higher-risk, higher-reward vector to express a bullish Bitcoin thesis.
These 3 Cryptos Caught Massive Capital Flow Last Week
But that’s not to say Marija ignored those altcoin sprinters. In fact, she highlighted the three altcoins that led the pack — and even continued to rally after BTC started to slow.
According to her, this data can tell you a lot about which projects deserve your attention. And your investment dollars.
Trump’s Call for Hyperliquid May Boost These 2 Crypto Rivals
The impact regulatory clarity can have on a bull market cannot be overstated. It clears the path for institutional use and new projects that enrich and expand the marketplace.
But it’s not just the regulated projects that benefit. In his update this week, Mark Gough explains how the White House’s efforts to pressure legislators to pass the CLARITY Act could be a boon for DeFi native assets. Ones that still adhere to the old crypto values of anonymity and trustlessness.
Anthropic Reveals a New Risk for AI Investors
A few weeks ago, tech expert Jurica Dujmovic introduced you to the two gates AI protocols must pass through to unlock real revenue.
But Anthropic’s recent regulatory issues, courtesy of the Department of Commerce has revealed a third gate. And it has the power to completely reshape the AI boom.
That’s all for this week. Be sure to keep an eye out for your next Weiss Crypto Daily update tomorrow afternoon.
Best,
Beth Canova
Crypto Managing Editor
