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➡️ #BitcoinStrategicReserveAct#
— On May 7, New Hampshire became the first U.S. state to include Bitcoin in its strategic reserves. The new HB 302 bill allows up to 5% of public funds to be invested in digital assets and precious metals with a market cap over $500B.
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— The Fed will announce its May rate decision on May 8. Despite pressure to cut, markets expect no change. How do you think this will impact the market?
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WCT/USDT Market Analysis & Future Prediction | April 16 Update
WCT/USDT just exploded with a +34.18% pump — now trading around $0.4220!
After dipping to $0.2757, the price rocketed up to $0.5355, followed by a healthy pullback. Now it's showing signs of a new move!
What’s Going On?
📈 Trend: Price is holding above short-term EMAs (5, 10, 20) — a bullish structure.
⚙️ MACD: Momentum is cooling but still in the positive zone — no strong reversal yet.
📊 RSI: Sitting around 61 — still below the overbought level, so more room to run!
🚀 KDJ: K line is turning up — signaling a possible short-term bounce.
What to Watch
🔼 A breakout above $0.46 could send us toward the previous high around $0.5355
🛡️ Strong support is sitting at $0.3840–$0.40 (EMA + Bollinger mid-band zone)
🔍 Watch for increasing volume — that’s the fuel for the next breakout!
My Take
WCT is in an interesting zone right now. If volume kicks in again, we might see another push to the upside. But without it, some sideways action is likely.
Stay sharp, manage your risk, and don’t chase green candles without confirmation!
Let’s watch the next few candles carefully — this might just be the calm before another wave.