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apolloma9l90

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The House Financial Services Committee oversees and shapes policy for the entire financial services industry along with overseeing crucial regulators, including the Securities and Exchange Commission, the Federal Reserve and the Treasury.
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House Republicans must ratify Hill’s selection in a full conference vote before it is official.
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Hill beat peer Republican challengers Andy Barr, Frank Lucas and Bill Huizenga in a decision by the party’s steering committee and will take the gavel from current Chair Patrick McHenry on Jan. 3, 2025, when the 119th Congress begins.
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This positive view will be invalidated in the near term if the price turns down and breaks below the channel. That could accelerate selling and pull the price to $0.33.
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In July, Scott said he would support pro-crypto legislation and floated the idea of creating a subcommittee focused on crypto if he were to chair the banking committee.
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apolloma9l90
@apolloma9l90
The House Financial Services Committee oversees and shapes policy for the entire financial services industry along with overseeing crucial regulators, including the Securities and Exchange Commission, the Federal Reserve and the Treasury.
0 reply
1 recast
2 reactions
apolloma9l90 pfp
apolloma9l90
@apolloma9l90
House Republicans must ratify Hill’s selection in a full conference vote before it is official.
0 reply
1 recast
2 reactions
apolloma9l90 pfp
apolloma9l90
@apolloma9l90
Hill beat peer Republican challengers Andy Barr, Frank Lucas and Bill Huizenga in a decision by the party’s steering committee and will take the gavel from current Chair Patrick McHenry on Jan. 3, 2025, when the 119th Congress begins.
0 reply
1 recast
2 reactions
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apolloma9l90
@apolloma9l90
In July, Scott said he would support pro-crypto legislation and floated the idea of creating a subcommittee focused on crypto if he were to chair the banking committee.
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A strong rebound off the 20-day EMA will suggest that the bulls remain in command and every minor dip is being purchased. That will increase the possibility of a retest of the all-time high at $104,088. A break and close above $104,088 could start the next leg of the uptrend to $113,331 and later to $125,000.
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Bitcoin’s repeated failure to maintain above the psychologically critical level of $100,000 may result in a pullback to the 20-day EMA ($95,673).
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If bulls want to assert their supremacy, they will have to push the price above 106.73. If they do that, the index could retest the overhead resistance at 108. The bulls may find it challenging to overcome the barrier at 108, but if they can pull it off, the rally could reach 114.
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If the price plummets below 105.42, the index may fall to the 50-day simple moving average (104.69). The bulls will try to defend the 50-day SMA because a break and close below it will bring the large 101 to 108 range into play.
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The US dollar Index (DXY) is witnessing a tough battle between the bulls and the bears near the 20-day EMA (105.96).
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Instead, if the price turns down from the current level, it will signal that the bears are selling near the resistance line. The index may drop to the 20-day exponential moving average (5,996) and then to the support line. A break and close below the support line will tilt the advantage in favor of the bears.
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However, if buyers drive the price above the resistance line of the wedge, it will invalidate the bearish setup. The failure of a bearish pattern is a bullish sign. That could propel the index to 6,221 and, after that, to 6,500.
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masonthan812
@masonthan812
The S&P 500 Index (SPX) has formed a rising wedge pattern, which is usually considered a bearish setup.
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Could Bitcoin’s stalled rally attract buyers to altcoins? Let’s analyze the charts to find out.
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The upsloping 20-day EMA ($0.41) and the RSI in the positive zone indicate that the path of least resistance is to the upside. If buyers propel the price above $0.48, the likelihood of a rally above the channel’s resistance line increases. The DOGE/USDT pair could jump to $0.60.
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On the contrary, if the price turns up from the current level or the 20-day EMA, it will signal demand at lower levels. The bulls will then again attempt to thrust the price above $794. If this level is taken out, the pair may skyrocket to $861.
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