Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.
Grab a coffee and watch this space. Analysts say the next big move for Bitcoin (BTC) may be closer than it looks. With technical signals flashing and macro forces shifting, analysts are starting to lean bullish.
Crypto News of the Day: Bollinger Eyes Breakout as Macro Tailwinds Gather
Bitcoin is drawing renewed attention from analysts, with John Bollinger, the inventor of the Bollinger Bands indicator, sounding the alarm for a potential breakout.
Bollinger’s post suggests technical momentum is building, with macro and political developments aligning with bullish setups.
Nic Puckrin, founder of The Coin Bureau, believes the US Senate’s passage of Trump’s $3.3 trillion Big Beautiful Bill has set the stage for long-term Bitcoin gains despite markets not reacting immediately.
“Trump’s ‘Big Beautiful Bill’ has passed in the US Senate, but has failed to immediately ignite a significant crypto rally…But while markets are still digesting its implications, the long-term impact is clearly nothing but positive for Bitcoin,” Puckrin told BeInCrypto.
According to Puckrin, the bill will add trillions to the US debt load, which, as BeInCrypto reported in a recent US Crypto News publication, positions Bitcoin as a life raft. Puckrin says this could accelerate the decline of the US dollar.
“A depreciating dollar creates the perfect environment for Bitcoin,” he added.
In a recent US Crypto News publication, BeInCrypto reported that the dollar index (DXY) posted a multi-year low. This came amid its worst start to a year since 1973, with interest rate cuts back on the table.
Puckrin sees the environment shifting decisively in Bitcoin’s favor, acknowledging that once the liquidity floodgates open, even $107,000 per BTC would feel like a deep discount.
Bitcoin Price Resistance Holds, But Market Eyes $110,500 Break
Despite the growing bullish sentiment, Bitcoin remains locked in a tight trading range between $107,000 and $110,000. The pioneer crypto faces immediate resistance at $109,500.
Over the weekend, BTC briefly spiked above $109,000, spurred by hopes of new US trade deals and a supportive comment from Elon Musk.
However, that move quickly lost steam as the market’s momentum remained muted. While Bitcoin’s long-term bullish setup is intact, spot demand continues to lag.
The pioneer crypto’s price action reflects this tension between strong fundamentals and macroeconomic uncertainty.
“Spot demand has been waning in recent times… weighing heavily on market sentiment…Bitcoin’s broader technical and bullish market position has remained structurally intact,” said Shawn Young, Chief Analyst at MEXC Research, in a statement to BeInCrypto.
The next decisive move hinges on macro catalysts, with Young pointing to strong support at $106,500 and psychological defense at $100,000 for Bitcoin.
As of this writing, BTC was trading for $108,346, up by a modest 0.11% in the last 24 hours.

The upcoming US tariff deadline and the colloquial “Crypto Week” in Congress, where digital asset bills are set for debate, could inject volatility and act as breakout triggers.
According to MEXC, a clean move above $110,500, backed by volume, would “validate the bullish setup and pave the way for a potential push to make new highs.
If macro conditions align, the analyst predicts a play to $125,000 in Q3 for Bitcoin and even $140,000 by year-end. This is modest compared to what Standard Chartered predicted in a previous US Crypto News publication.
“These developments [Bitcoin ETF flows, corporate treasury buying, a potential announcement by President Trump of Fed Chair Powell’s early replacement, and passage of the US stablecoin bill] along with further evidence of broader sovereign interest, should push Bitcoin to a new all-time high of around $135,000 in and $200,000 in Q4,” Standard Chartered Head of Digital Assets Research Geoff Kendrick said in a statement to BeInCrypto.
Chart of the Day
The chart below shows the BTC/USDT trading pair in the one-day timeframe. With Bitcoin between the middle and upper Bollinger band ($111,019), this indicates a potential continuation of an uptrend.
A break above the upper band could see Bitcoin test the $111,800 all-time high (ATH), potentially establishing a new peak.

Technical indicators align with the 50-day Simple Moving Average (SMA), providing initial support at $106,584 (yellow strand).
Meanwhile, the volume profile (yellow bars on the side) suggests significant bullish momentum, with traders waiting to interact with the BTC price upon any drop, potentially as low as $100,000.
The Relative Strength Index (RSI) at 54.34 adds credence to the bullish thesis, showing more room for the upside before BTC is considered overbought.
Conversely, if Bitcoin drops below the midline of the Bollinger band ($106,456), it would signal a trend reversal, with a breakdown below the lower band ($101,893) likely exacerbating the downtrend.
However, BTC must drop below the 100-day SMA at $99,026 to confirm a trend reversal from the prevailing uptrend.
Byte-Sized Alpha
Here’s a summary of more US crypto news to follow today:
- Investor sentiment favors Ethereum over Bitcoin as crypto inflows reach $1.04 billion.
- Elon Musk calls fiat ‘hopeless’ and confirms America Party’s commitment to Bitcoin.
- Retail thinks HYPE is breaking down, but whales might be setting a trap.
- Ukraine sanctions 60 firms and 73 individuals linked to Russia’s crypto evasion.
- Analysts warn of scam tactics with $150 million WLFI liquidity claim debunked.
- Lyn Alden highlights two key drivers behind the Bitcoin stock and bond boom.
- Shiba Inu faces capitulation—What’s next as 87% of holders sit in loss?
- LetsBonk surpasses Pump.fun as the top meme coin launchpad by volume and revenue.
Crypto Equities Pre-Market Overview
Company | At the Close of July 4 | Pre-Market Overview |
Strategy (MSTR) | $403.76 | $403.28 (-0.12%) |
Coinbase Global (COIN) | $357.89 | $361.73 (+1.07%) |
Galaxy Digital Holdings (GLXY) | $20.57 | $20.26 (-1.50%) |
MARA Holdings (MARA) | $16.95 | $16.81 (-0.84%) |
Riot Platforms (RIOT) | $11.49 | $11.40 (-0.75%) |
Core Scientific (CORZ) | $15.05 | $14.52 (-3.47%) |
The post John Bollinger Among Analysts Seeing Breakout Ahead for Bitcoin | US Crypto News appeared first on BeInCrypto.