Neom&#8217;s port development could reshape regional logistics, reducing reliance on 
the Strait of Hormuz and altering geopolitical dynamics.
The post Neom port promotion signals shift from Strait of Hormuz amid regional 
tensions appeared first on Crypto Briefing.

Neom port promotion signals shift from Strait of Hormuz amid regional tensions

Institutional investment in Bitcoin could stabilize its price, potentially 
influencing broader financial markets and encouraging further adoption.
The post Institutions drive Bitcoin past $80K, targeting $96K by June appeared 
first on Crypto Briefing.

Institutions drive Bitcoin past $80K, targeting $96K by June

The de-escalation in US-Iran tensions may foster diplomatic resolutions, 
reducing the likelihood of military conflict and market volatility.
The post Trump announces progress in US-Iran talks, pauses Project Freedom 
appeared first on Crypto Briefing.

Trump announces progress in US-Iran talks, pauses Project Freedom

Bitcoin carved a path toward $82,000, but derivatives metrics need another 
push from bulls to sustain the rally.

Bitcoin holds $81K amid flat derivatives markets: Is the rally sustainable?

Bitcoin price started a fresh increase and cleared the $80,800 zone. BTC is 
consolidating and might aim for more gains above the $81,500 level. Bitcoin 
managed to stay above $80,000 and started a fresh increase. The price is 
trading above $80,500 and the 100 hourly simple moving average. There is a 
bullish trend line forming with support at $80,150 on the hourly chart of the 
BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays 
above the $80,000 and $79,200 levels. Bitcoin Price Could Extend Gains Bitcoin 
price found support near $78,800 and started a fresh increase. BTC gained pace 
for a move above the $79,200 and $80,000 resistance levels. The bulls even 
pushed the price above $80,800. A high was formed at $81,765, and the price 
started a consolidation phase above the 23.6% Fib retracement level of the 
upward move from the $74,940 swing low to the $81,765 high. Bitcoin is now 
trading above $80,000 and the 100 hourly simple moving average. There is also 
a bullish trend line forming with support at $80,150 on the hourly chart of 
the BTC/USD pair. If the price remains stable above $80,000, it could attempt 
a fresh increase. Immediate resistance is near the $81,500 level. The first 
key resistance is near the $81,750 level. A close above the $81,750 resistance 
might send the price further higher. In the stated case, the price could rise 
and test the $82,500 resistance. Any more gains might send the price toward 
the $83,200 level. The next barrier for the bulls could be $84,500. Another 
Drop In BTC? If Bitcoin fails to rise above the $81,500 resistance zone, it 
could start another decline. Immediate support is near the $80,500 level. The 
first major support is near the $80,150 level. The next support is now near 
the $78,350 zone and the 50% Fib retracement level of the upward move from the 
$74,940 swing low to the $81,765 high. Any more losses might send the price 
toward the $77,550 support in the near term. The main support now sits at 
$76,500, below which BTC might struggle to recover in the near term. Technical 
indicators: Hourly MACD – The MACD is now gaining pace in the bullish zone. 
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now above the 50 
level. Major Support Levels – $80,150, followed by $78,350. Major Resistance 
Levels – $81,500 and $82,000.

Bitcoin Price Keeps $80K Support, Can Bulls Extend Rally Soon?

The pause in Project Freedom may signal a shift towards diplomacy, impacting 
global trade dynamics and regional stability in the Middle East.
The post Trump pauses Project Freedom amid Hormuz blockade negotiations 
appeared first on Crypto Briefing.

Cryptocurrency price in BTC

Market Overview