A truely sad day for the crypto.
Ondo Finance CEO and founder Nathan Allman has passed away unexpectedly at the age of 32.
He was an early visionary in the RWA movement who built Ondo Finance into one of the largest RWA projects in crypto, with a market cap of over $2 billion.
Nathan was a quiet yet deeply influential builder who helped shape the future of crypto and modern finance.
Rest in peace, Nathan. 🙏
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Bitcoin Weekly Analysis: May 25
The chart is forming a rising channel after bottoming near $60,000.
Higher highs. Higher lows. Bulls stay in control as long as $74,000 holds.
But here's the other side. $BTC just got rejected at the top of the channel, right at the daily 200 MA, the most important level.
Two scenarios from here:
If $74,000 holds, the structure stays bullish. Next resistance is $83,000. Break that with volume and the door opens back toward $90k-$98k
If $74,000 breaks, next support is $70,000 and if the channel fully collapses, $60,000 is next, which erases the entire recovery.
Here's the deeper signal nobody is talking about:
The $BTC-to-Nasdaq ratio is stuck at 2.70 and can't break above 3.0. Every time it tries, it gets rejected.
$BTC isn't leading this market, It's following Nasdaq. Until it breaks the 3.0 ratio and starts outperforming tech stocks, the real bull run hasn't started yet.
$74,000 is the key support to hold.
$83,000 is the key resistance to break.
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