Charles Schwab: Launches Bitcoin, Ethereum Trading for US

Charles Schwab has rolled out spot trading for Bitcoin (BTC) and Ethereum (ETH) to its US clients, marking a major pivot for the brokerage giant into crypto amid surging institutional interest. This move aligns with the broader crypto market expansion, potentially influencing BTC price prediction models as traditional finance bridges to digital assets, especially after last quarter's volatility that saw BTC dip below $70K before rebounding.

Zooming into the 4-hour BTC chart, price action at $79,201 hugs the lower volatility band support around $79,296, signaling potential exhaustion in this bearish leg. With the EMA50 looming as resistance at $80,411 and the EMA200 providing underlying support at $76,891, confluence points to a death cross in MACD at -240, reinforcing downside pressure—yet neutral RSI at 38 hints at oversold conditions that could spark a rebound toward upper resistance at $82,515 if buyers defend this level, much like the Bitcoin consolidation we saw post-March halving.