Crypto Quick Take: US Congress Crypto Bill, Iran Accepts BTC, Whale Longs

What's up guys. So brother, we'll take a quick update and in the market, a little bit of hope is arising in the market that brother, things can get better from here and the most hope is regarding your market structure bill which is about Bitcoin that is coming soon in the market.

So if you see now, this is taken from yesterday's conference. Vivek had posted that billionaire who is Kevin O'Leary has said that trillions of dollars will come into the market. Will come into BTC. As soon as our market structure bill gets passed. Why.

Because there are many such things you already know. I had defined market structure one day in my own way that how it works and why it can be very positive for our BTC. Okay.

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One more good thing is that they are saying that US Congress set to pass crypto market structure registration this month. Meaning its legislation may come visible to you in this very month. Okay. So very soon you will see the bill coming here too. So we have hopes anyway many such things I have told you before whether it is about quantity using or about money printing there are many more to come rate cuts about right but let's see what story gets made okay.

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Iran has said brother that now we will accept BTC for giving the advance weapon. Okay. So you can buy all through that. Okay.

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Apart from this they are saying brother the whales are opening a lot of longs on BTC. Again this is not any financial advice because this data changes daily. So it does not mean that you also do this. Okay. Okay. Apart from this I mean this was a very quick I wanted to keep an update. I don't want to say anything in BTC charts because I am waiting a little. Until unless either we go above 95 or we go below the 80 area then it will be known that we have bottomed in. Still one bottom is left in this.

Same goes with Ethereum. In Ethereum we are seeing a little movement but most probably I feel that from here your this area 350 - 370 around there we may see retrace again. In dominance nothing special. Everything is normal in this too.

For now this much only. Thank you.

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