Trump&#8217;s planned China visit could influence US-China relations, impacting 
global trade dynamics and geopolitical stability.
The post Trump confirms China visit for May 2026 amid US-China tensions 
appeared first on Crypto Briefing.

Trump confirms China visit for May 2026 amid US-China tensions

Bitcoin seems to have finally broken out of weeks of stagnation with an 11% 
rally, signaling a notable shift in its market momentum. Expectedly, this move 
has drawn renewed attention from various market participants who may be eager 
to re-enter the market. However, an influential on-chain analyst has come out 
to explain why Bitcoin traders should be cautious during this phase of the 
cycle. According to the market pundit, the most optimal entry point might 
actually not be close to current price levels. MVRV Ratio, Realized Price 
Reveal Short-Term Strength, But Not Market Top In a recent Quicktake post on 
the CryptoQuant platform, on-chain analyst GugaOnchain delved into the reasons 
why it might not be time to re-enter the Bitcoin market. The pundit began by 
highlighting changes in the Market Value to Realized Value (MVRV) Ratio, 
alongside that from the Realized Price metric. Related Reading: Bitwise 
Research Shows How Much Loss Your Bitcoin Incurs Depending On How Long You 
Hold According to GugaOnchain, the MVRV ratio currently sits above its 30-day 
moving average of 1.2947, indicating that Bitcoin’s recent upward price 
movement has gained validity. Supporting this trend, the Bitcoin Taker 
Buy/Sell Ratio on Binance has also shown increased buying aggression, 
reinforcing the notion that market participants are actively pushing prices 
higher. Meanwhile, the bigger macroeconomic picture shows that the market is 
yet to enter an overheated phase. This is because the current MVRV reading 
around 1.3856 is significantly lower than the SMA-365 (known as the macro 
line), which stands at around 1.8620. Technical Indicators Signal Overextended 
Bitcoin Market — Correction Next? From a price action perspective, though, the 
Bitcoin price might indeed be due for a retracement. According to the market 
pundit, Bitcoin recently broke out of an ascending channel resistance on the 
daily timeframe — a move typical of bullish continuations. However, the 
Relative Strength Index (RSI) is now showing signs of strain. This is due to 
recent RSI readings at 67.85, which stands near the overbought region at 70. 
As such, the Bitcoin market has higher chances of a pullback in the near-term. 
The analyst then concluded that it would be best to buy Bitcoin “not at this 
resistance breakout,” but at the bottom of the retracement instead. In the 
scenario where the Bitcoin price pulls back, the crypto expert explained that 
this would be towards a “channel support” — specifically at levels between 
$70,000 and $65,000. As of this writing, the price of BTC stands at around 
$77,014, reflecting a 2.8% jump since the past day. Related Reading: 13 Years 
Of Data Says Bitcoin Price Has Not Bottomed Yet, Analyst Explains The Trend 
Featured image from iStock, chart from TradingView

Can Bitcoin Buyers Join The Breakout Party? Analyst Says Not Yet

The enforced ceasefire highlights US diplomatic influence but its success 
hinges on Hezbollah&#8217;s compliance and Israel&#8217;s restraint.
The post Trump orders Israel to halt Lebanon attacks, enforces 10-day 
ceasefire appeared first on Crypto Briefing.

Trump orders Israel to halt Lebanon attacks, enforces 10-day ceasefire

Iraq&#8217;s economic instability heightens regional tensions, reducing diplomatic 
prospects and increasing the likelihood of prolonged conflict.
The post Iraq&#8217;s economic strain complicates US-Iran ceasefire prospects 
appeared first on Crypto Briefing.

Iraq’s economic strain complicates US-Iran ceasefire prospects

The Iranian government chose Bitcoin as a payment method for oil tolls due to 
its confiscation-resistant properties, but only dollar stablecoins have been 
used so far.

Cryptocurrency price in MYR