Bitcoin Bounce

The U.S. markets are closed today due to Memorial Day observance.

But the crypto market continues to trade …

And likely due to China's recent pivot, Bitcoin (BTC) managed to bounce off support after a double bottom around $26,000.

China Central Television broadcasted a pro-crypto message a few days ago. Binance CEO Changpeng Zhao Tweeted about the development. See below …

Take a look at the recent bullish BTC price action …

More outrageous than Elon buying Twitter?

If you think Elon taking over Twitter would be big news…

This is gonna blow you away!

Check it out here.

Keep an eye on this momentum.

China's pivot could come at a key time as the U.S. continues to push crypto out of the country.

And certain players are in a prime position as the industry grows. For example, Solana (SOL) co-founder Raj Gokal had this to say …

"Solana has the potential to be the Apple of crypto."

- Raj Gokal

Those are big words.

And hopefully, that confidence will inspire some volatile movement in the short term.

We're not going to buy SOL tokens and hope Gokal is correct. It's safer if we wait for the token to heat up and fit a key pattern.

Sit in cash until there's an obvious opportunity. Then play the volatility with risk in mind.

Here's a chart of SOL thus far.

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