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Bitcoin whales buy 19K BTC - Can $61K keep the recovery alive? Bitcoin's outlook depends on defending $61K, with whale buying emerging as the key force absorbing recent selling pressure. Bitcoin's [BT

Bitcoin whales buy 19K BTC - Can $61K keep the recovery alive?



Bitcoin's outlook depends on defending $61K, with whale buying emerging as the key force absorbing recent selling pressure.

Bitcoin's [BTC] latest recovery attempt ran into heavy selling before buyers could reclaim higher ground. After briefly reaching $66,932, bearish pressure quickly erased the advance. This shift signaled that sellers remained firmly in control.

That rejection became more significant when the price slipped below the $65,718 support. This turned the former demand zone into overhead resistance, confirming a lower high, lower low structure.

As selling accelerated, stronger bearish candles consistently overwhelmed weaker relief rallies around the $63,000-$64,000 region, reflecting fading buying interest.

This shift also appeared in momentum indicators, with the RSI falling to 36.9 while the MACD remained below its signal line as of writing. Unless buyers absorb selling near $61,221, this structure may lead to an additional decline in price for Bitcoin below 

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Bitcoin whales buy 19K BTC - Can $61K keep the rec

🚀 Which crypto asset has the potential to hit the $10,000 milestone first? 👀 🔹️ $PROM 🔹️ $XMR 🔹️ $ZEC 🔹️ $TAO The race is on… but only one can get there first. 🏆 What’s your pick? Drop your answer bel

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HTX Creation Challenge — Post and Win 1,500U 💥HTX Refer And Earn World Cup Predictions: 100,000 USDT Daily Franklin Templeton Backs CLARITY Act Wall Street Coalition Backs Landmark Crypto Bill Frankli

Franklin Templeton Backs CLARITY Act

Wall Street Coalition Backs Landmark Crypto Bill

Franklin Templeton, one of the world's largest asset managers, has publicly endorsed the CLARITY Act, the most significant US crypto market structure legislation to date. The $1.79 trillion firm joins BlackRock, Fidelity, and Goldman Sachs in backing the bill. In its statement, Franklin Templeton said the legislation would clarify how crypto is regulated, so investors know what protections apply and businesses know which regulators oversee crypto.



Franklin Templeton Backs CLARITY Act

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Why Strategy Stopped Buying Bitcoin: a Pause, Not a Change in Conviction

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On July 28, TD Securities strategists said in a report that if the Fed keeps interest rates unchanged on Wednesday, the dollar could see a reflexive weakness. Rates are expected to remain steady, but 

TD Securities: Dollar May Fall if Fed Holds Rates Steady

📉 $GRAM STRUCTURE COLLAPSES – SHORT SETUP ACTIVE 🔴 Target: 1.425 - 1.409 - 1.395 🎯 The bullish trend has fractured, and this retest rejection confirms the structural shift. 👁️ Sellers are stacking ord

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