Coinbase CEO Supports Crypto Bitcoin Retests Key Price Levels
TLDR
- Bitcoin’s price action shows patterns that suggest a potential rally soon.
- Coinbase CEO supports a new crypto bill aimed at clear industry regulation.
- Senate Democrats push for fast passage of the Digital Asset Clarity Act.
- Bitcoin’s retest above $116K may signal a breakout toward $140K.
Bitcoin’s price continues to hold steady above key support levels, sitting at $116,113. This performance mirrors past cycles where repeated price rejections and retests led to major rallies. Analysts are watching closely, suggesting that Bitcoin may be on the verge of another breakout. At the same time, the U.S. crypto industry gains further momentum with support from Coinbase CEO Brian Armstrong. He recently expressed…
