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Bitcoin Price Tests Support and Resistance – HashJ Launches Execution-Focused Daily Participation Contracts for BTC

August 2, 2025 By GlobeNewswire

London, United Kingdom, Aug. 01, 2025 (GLOBE NEWSWIRE) -- MGPD Finance Limited, doing business as HashJ, today announced the official release of a new short-term participation contract focused on Bitcoin (BTC), designed for users navigating a market at a technical crossroads. The launch follows a period of directional indecision in the BTC market, as traders assess whether recent price action marks a consolidation phase or the early stage of a sustained move.

At the time of publication, Bitcoin is trading near key round-number resistance levels following a sharp intraday rebound. Despite this recovery, overall trading volume remains subdued, and technical signals point to a market approaching a decision threshold. Analysts suggest that a sustained increase in volume could signal a renewed upward breakout, while a breach of the lower support range may introduce renewed volatility.

HashJ’s new daily participation contracts aim to provide execution-focused strategies for users seeking consistent returns amid market uncertainty. These BTC-linked contracts offer fixed-term structures with simplified access, enabling users to engage in market-linked reward cycles without the need for continuous manual adjustments.


Market Structure & Momentum

The current structure shows Bitcoin recovering from a “deep V” formation and now trading in a narrow range. While resistance at round-number levels remains intact, the support zone formed by two recent pullbacks has shown resilience.

Market observers note that the price is “queued at the gate,” awaiting a clear trigger — either a breakout with volume or a breakdown past key support. The sideways action, while frustrating for short-term traders, may be a sign of momentum accumulation.

Key Technical Takeaways

  1. Trend: The daily chart maintains a steady upward slope, with higher lows still respected.
  2. Support and Resistance: Watch for follow-through near recent highs and previous rejection zones. The lower boundary is supported by two prior rebounds.
  3. Volume Confirmation: Sustained volume growth above resistance could signal a new leg higher. A break below support, however, could trigger a wave of deleveraging.
  4. Execution Strategies:
    • Wait for Confirmation: Engage only after the price clears major resistance levels with volume.
    • Phased Allocation: Enter incrementally at support zones, increasing exposure only if levels hold.
    • Cashflow Buffering: Use daily returns as a cushion during uncertainty or as capital for scaling positions.

Expert Insights on Bitcoin Market Dynamics

  • Michael Saylor (Strategy / formerly MicroStrategy) - Michael Saylor’s firm, Strategy, recently surpassed 500,000 BTC in holdings, executing aggressive purchases even during recent market pullbacks. This reflects a firm confidence in long-term Bitcoin demand amidst institutional ETF inflows driving scarcity.
  • Cathie Wood (CEO, ARK Invest) - Cathie Wood has characterized Bitcoin’s sideways trading in recent months as “extremely healthy,” suggesting it aligns with early institutional adoption trends. She notes the Bitcoin‑to‑gold outperformance curve supports a bullish risk‑on framework for the asset class.
  • Peter Schiff (Euro Pacific Capital) - While less enthusiastic, economic commentators like Peter Schiff have cautioned about macro pressures—especially high interest rates and dollar strength—that could threaten Bitcoin if key support levels are breached. Historical analogs in tightening cycles suggest potential for sharp corrections if momentum fades

Navigating Uncertainty with Participation Discipline

The recent trading pattern is akin to a convoy stalled at a toll gate. If volume picks up (i.e., the gate lifts), price may accelerate. If not, further congestion or pullbacks are likely. In such situations, execution — not prediction — becomes the differentiator. HashJ’s new offering is designed to help investors maintain discipline through consistent daily settlement and position scaling flexibility.

Rather than rely solely on market timing, strategies incorporating incremental entries and a regularized income curve can add structure to volatile environments.

Product Launch Overview

HashJ’s newly introduced BTC participation product allows users to access daily-settled positions that deliver consistent returns without requiring infrastructure setup. Funds are allocated toward digital asset contracts that settle every 24 hours, and participants may choose between withdrawing proceeds or opting into automatic reinvestment.

New users can access a welcome package valued at $118, comprising $100 in contract trial credits and $18 in platform cash. These can be allocated to BTC, DOGE, or XRP short-term participation contracts.

Strategy Execution in Practice

  • Breakout Entry: Enter after price surpasses key resistance with follow-through. Use recent lows or breakout zones as stop-loss levels.
  • Phased Exposure: Scale into positions at support zones with tight risk controls. Reinvest returns progressively as conviction builds.
  • Neutral Waiting: Hold minimal directional exposure while deploying daily returns toward future entry opportunities.

About MGPD Finance Limited (HashJ)


MGPD Finance Limited, doing business as HashJ, is a fintech company based in the United Kingdom. Founded in 2018, the company provides contract-based digital reward systems for BTC, ETH, DOGE, and XRP, with over 2 million users across more than 90 countries.

For more information, visit: www.hashj.com
New User Benefit: Register and receive $18 and $100 sign up reward.
Business Inquiries: pr@hashj.com

CONTACT: Media Contact:
David Pawson
pr@hashj.com

Filed Under: News Feed

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