Renatus Tactical-U: MACD Death Cross and Bollinger Bands Narrowing on 15min Chart

Wednesday, Jul 9, 2025 2:00 pm ET1min read

Renatus Tactical-U's 15-minute chart has triggered a MACD Death Cross and Bollinger Bands Narrowing at 07/09/2025 13:45, indicating that the stock price has the potential to continue its downward trajectory and the magnitude of its fluctuations is likely to decrease.

Bitcoin (BTC) has entered a pivotal week, marked by bearish market conditions and significant geopolitical events. Despite early gains, BTC has slipped below $109,000, down 0.48% from its intraday high, trading around $108,698 as of July 2, 2025 [1].

The Japanese Bitcoin treasury firm MetaPlanet has bolstered its holdings by acquiring an additional 2,205 BTC, increasing its total to 15,555 BTC. This purchase, completed at an average price of 15.64 million yen per Bitcoin, brings MetaPlanet's aggregate Bitcoin investment to 225.82 billion yen ($1.38 billion) [1]. The firm's latest acquisition is its largest single-day purchase since its Bitcoin strategy began.

Analysts are closely monitoring BTC's Bollinger Bands, which have reached a critical point, suggesting a potential breakout could be imminent. However, the recent decline in BTC price has led to a narrowing of the bands, indicating a potential decrease in volatility and continuation of the downward trend [1].

The coming week is fraught with potential catalysts for BTC. President Trump's tariff deadline, set to expire on July 9, could significantly impact the cryptocurrency market. The preliminary trade agreements reached with several countries, including China and the UK, have been seen as a positive development. However, the potential return of retaliatory tariffs with Canada, the European Union, Japan, and South Korea could be bearish for BTC and other cryptocurrencies [1].

The Federal Open Market Committee (FOMC) minutes, scheduled for release on Wednesday, are another crucial factor. The minutes will provide more information about the Fed's previous meeting and could offer insights into potential interest rate changes. A rate cut could be bullish for BTC, but the odds of such a move have decreased due to strong nonfarm payrolls data [1].

In summary, BTC faces a challenging week ahead. Despite early gains, the cryptocurrency has shown signs of a potential downward trend, with analysts keeping a close eye on the Bollinger Bands and the geopolitical landscape. Investors should stay informed and monitor the key events that could influence BTC's price movement.

References:
[1] https://bitzo.com/2025/07/bitcoin-price-analysis-btc-starts-crucial-week-in-the-red-slips-below-109000

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