# BITCOIN:

$BTC had a solid break of the recent zone and the bigger picture still looks bullish.
Price pulling back into retest mode right now.
If it holds, $87,000 is the next major target and a structural level. Short-term setup favors the bulls.
Keeping it on watch.
#BITCOIN: #GateSquareMayTradingShare #CLARITYActPassesSenateCommittee

#WalshConfirmedAsFedChair
🏦 New Fed Chair Confirmed — What Kevin Walsh Means for Crypto
The Federal Reserve just got a new boss. The US Senate voted 51 to 45 on May 12 to confirm Kevin Walsh as the next Fed chairman, succeeding Jerome Powell whose term ends May 15th.
For crypto traders this is not just a political headline. A new Fed chair represents a genuine potential shift in the monetary policy framework that has been shaping every risk asset including Bitcoin for the past several years. Understanding who Walsh is and what he believes matters enormously right now.
Walsh is not an unknown

🚨 Important Technical Update for Bitcoin Movement ($BTC ): Moment of Decision! 📊
Bitcoin is now at a crossroads. Based on the latest technical analysis on the (2-hour/hour) timeframe, here are the key points to watch:
🟢 Positives:
1️⃣ The price successfully bounced off the main upward trend (price channel).
2️⃣ The minor downtrend has been broken, indicating a preliminary sign of momentum returning.
🎯 Condition: Continued upward movement requires a 4-hour candle close above the pivotal area of $78,500 and to stay above it.
🔴 Negatives:
Failure to break this resistance and a return to b