Bitcoin price started a fresh decline below the $78,500 zone. BTC is 
consolidating and might struggle to stay above the $75,500 support. Bitcoin 
failed to stay above $77,500 and corrected gains. The price is trading below 
$77,000 and the 100 hourly simple moving average. There is a connecting 
bearish trend line forming with resistance at $76,500 on the hourly chart of 
the BTC/USD pair (data feed from Kraken). The pair might extend losses if it 
stays below the $76,000 and $75,500 levels. Bitcoin Price Dips Further Bitcoin 
price failed to stay above the $77,500 support zone. BTC remained in a bearish 
zone and extended losses below the $77,000 level. There was a move below the 
$76,500 level. The price even dipped below $76,000. A low was formed at 
$75,652 and the price is now consolidating losses. There was a minor increase 
toward the 23.6% Fib retracement level of the downward move from the $79,480 
swing high to the $75,652 low. Bitcoin is now trading below $77,000 and the 
100 hourly simple moving average. If the price remains stable above $75,500, 
it could attempt a fresh increase. Immediate resistance is near the $76,500 
level. There is also a connecting bearish trend line forming with resistance 
at $76,500 on the hourly chart of the BTC/USD pair. The first key resistance 
is near the $77,150 level. A close above the $77,150 resistance might send the 
price further higher. In the stated case, the price could rise and test the 
$77,500 resistance and the 50% Fib retracement level of the downward move from 
the $79,480 swing high to the $75,652 low. Any more gains might send the price 
toward the $78,000 level. The next barrier for the bulls could be $78,500. 
Downside Continuation In BTC? If Bitcoin fails to rise above the $77,000 
resistance zone, it could start another decline. Immediate support is near the 
$76,000 level. The first major support is near the $75,800 level. The next 
support is now near the $75,500 zone. Any more losses might send the price 
toward the $74,200 support in the near term. The main support now sits at 
$73,500, below which BTC might struggle to recover in the near term. Technical 
indicators: Hourly MACD – The MACD is now gaining pace in the bearish zone. 
Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 
level. Major Support Levels – $75,500, followed by $75,000. Major Resistance 
Levels – $76,500 and $77,150.

Bitcoin Price Dips Under $76,500, Sellers Push For Deeper Pullback

The surge in Panama Canal fees highlights the economic strain and increased 
costs on global shipping due to geopolitical tensions.
The post Panama Canal fees hit $4M as Hormuz blockade reroutes shipping 
traffic appeared first on Crypto Briefing.

Panama Canal fees hit $4M as Hormuz blockade reroutes shipping traffic

The drone attacks highlight the fragile nature of the ceasefire, posing 
significant risks to regional stability and market confidence.
The post Hezbollah claims drone attacks on Israeli forces, ceasefire at risk 
appeared first on Crypto Briefing.

Hezbollah claims drone attacks on Israeli forces, ceasefire at risk

Crypto legislation pressure intensified as Stand With Crypto urged the Senate 
Banking Committee to take action on the CLARITY Act. The campaign targets a 
markup that could move federal digital asset rules closer to consideration. 
Key Takeaways: Stand With Crypto pressed lawmakers to move CLARITY Act review 
forward. Senate Banking Committee action could accelerate clearer […]

Stand With Crypto Calls for Urgent Senate Action on CLARITY Act

The US&#8217;s silence may signal a strategic shift, impacting geopolitical 
stability and influencing market perceptions of Iran&#8217;s regime durability.
The post US silence on Iran school strike raises strategic questions appeared 
first on Crypto Briefing.

US silence on Iran school strike raises strategic questions

Bitcoin&#8217;s valuation against gold has dropped to one of its lowest levels on 
record — a signal that, historically, has shown up near major market bottoms. 
Related Reading: Trump’s Bitcoin Reserve Could Be Near As White House Signals 
Major Update A Pattern Worth Watching That&#8217;s one of the key observations from 
crypto analyst Michael van de Poppe, who believes Bitcoin is building toward 
new all-time highs before the year is out. Van de Poppe points to the 
relationship between Bitcoin and gold as a telling sign. When gold rallies 
hard, Bitcoin often lags. But once gold peaks, Bitcoin has tended to catch up 
— and then some. That rotation, he argues, may already be in motion. His 
broader case rests on more than just one metric. The Sharpe ratio — a measure 
of return relative to risk — is currently sitting at levels that mirror past 
bear market floors: 2015, 2018, and 2022. Each of those periods was followed 
by significant price recoveries. Based on that pattern, van de Poppe believes 
Bitcoin is undervalued right now and offers a strong risk-reward setup for 
long-term investors. Short-term dips, he said, remain possible. But the 
overall structure of the market, in his view, points higher. Key Price Levels 
To Watch Bitcoin recently hit a 12-week high before pulling back. It is now 
working to hold above the $77,000 mark. According to van de Poppe, $79,000 is 
the critical resistance line. A clean break above it would open the door to a 
move between $86,000 and $95,000. From there, $110,000 becomes the next target 
over a six-month window. On the downside, $73,500 is the level to watch. If 
that support holds, the uptrend stays intact. If it breaks, a deeper retest 
could come before any renewed push higher. Data shows that Bitcoin dropped 
close to $60,000 back in February before snapping back sharply — a move that 
caught many traders off guard. That kind of recovery against bearish sentiment 
is not unusual in past cycles, reports note. Related Reading: Trump Memecoin 
Gala Leaves Crypto Battling Fresh Credibility Crisis A Big Target For Year&#8217;s 
End The long-range call is the one drawing the most attention. Van de Poppe 
sees Bitcoin reaching between $150,000 and $160,000 by late 2026 — a level 
that would represent new all-time high territory. He bases that projection on 
historical cycle behavior, which has shown 30% to 50% gains within three 
months of a confirmed low. Whether that bottom is already in remains an open 
question. But for van de Poppe, the signals are stacking up in one direction. 
Featured image from Unsplash, chart from TradingView

Cryptocurrency price in CLP

Market Overview