The KOSPI&#8217;s potential surge highlights South Korea&#8217;s pivotal role in the AI- 
driven memory chip market, but geopolitical risks loom large.
The post JPMorgan raises KOSPI bull case target to 10,000 on memory chip 
supercycle appeared first on Crypto Briefing.

JPMorgan raises KOSPI bull case target to 10,000 on memory chip supercycle

Bitcoin price started a fresh increase and cleared the $81,500 zone. BTC is 
consolidating and might aim for more gains above the $82,450 level. Bitcoin 
managed to stay above $79,200 and started a fresh increase. The price is 
trading above $80,750 and the 100 hourly simple moving average. There is a 
bullish trend line forming with support at $80,800 on the hourly chart of the 
BTC/USD pair (data feed from Kraken). The pair might extend gains if it stays 
above the $80,800 and $80,000 levels. Bitcoin Price Turns Positive Bitcoin 
price found support near $79,200 and started a fresh increase. BTC gained pace 
for a move above the $79,750 and $80,200 resistance levels. The bulls even 
pushed the price above $82,000. A high was formed at $82,436, and the price 
started a consolidation phase. There was a minor decline toward the 23.6% Fib 
retracement level of the upward move from the $79,168 swing low to the $82,436 
high. Bitcoin is now trading above $80,750 and the 100 hourly simple moving 
average. There is also a bullish trend line forming with support at $80,800 on 
the hourly chart of the BTC/USD pair. If the price remains stable above 
$80,500, it could attempt a fresh increase. Immediate resistance is near the 
$82,000 level. The first key resistance is near the $82,450 level. A close 
above the $82,450 resistance might send the price further higher. In the 
stated case, the price could rise and test the $83,200 resistance. Any more 
gains might send the price toward the $84,000 level. The next barrier for the 
bulls could be $85,000. Downside Correction In BTC? If Bitcoin fails to rise 
above the $82,000 resistance zone, it could start another decline. Immediate 
support is near the $80,800 level and the trend line. The first major support 
is near the $80,400 level or the 61.8% Fib retracement level of the upward 
move from the $79,168 swing low to the $82,436 high. The next support is now 
near the $79,950 zone. Any more losses might send the price toward the $79,250 
support in the near term. The main support now sits at $78,500, below which 
BTC might struggle to recover in the near term. Technical indicators: Hourly 
MACD – The MACD is now losing pace in the bullish zone. Hourly RSI (Relative 
Strength Index) – The RSI for BTC/USD is now above the 50 level. Major Support 
Levels – $80,800, followed by $80,000. Major Resistance Levels – $82,000 and 
$82,450.

Bitcoin Price Gains Renewed Strength, Market Eyes Bullish Breakout

Private-credit firms may face increased financial strain as declining yields 
and potential higher defaults challenge their profitability.
The post Private-credit firms report decline in returns amid Fed rate cuts 
appeared first on Crypto Briefing.

Private-credit firms report decline in returns amid Fed rate cuts

Block&#8217;s initiatives could redefine Bitcoin&#8217;s role in everyday transactions, 
potentially accelerating mainstream adoption but facing regulatory hurdles.
The post Jack Dorsey aims to make Bitcoin everyday money through Block 
initiatives appeared first on Crypto Briefing.

Jack Dorsey aims to make Bitcoin everyday money through Block initiatives

Crypto analyst Matthew Hyland said that all Bitcoin bottom signals flashed 
when Bitcoin’s price reached $60,000 in February.

Analyst tips ‘visible flaws’ in Bitcoiners’ mid-bear market forecast

The summit&#8217;s outcome could significantly impact crypto markets, influencing 
Bitcoin mining costs and broader digital asset sentiment.
The post Beijing confirms Trump state visit and Xi summit for May 14-15 
appeared first on Crypto Briefing.

Cryptocurrency price in THB

Market Overview