The push for Bitcoin tax reforms could simplify crypto transactions, reducing 
burdens on everyday users and signaling potential regulatory shifts.
The post Jason Somensatto advocates for Bitcoin tax reforms before US 
lawmakers appeared first on Crypto Briefing.

The push for Bitcoin tax reforms could simplify crypto transactions, reducing burdens on everyday users and signaling potential regulatory shifts. The post Jason Somensatto advocates for Bitcoin tax reforms before US lawmakers appeared first on Crypto Briefing.

Jason Somensatto advocates for Bitcoin tax reforms before US lawmakers

Bitcoin price started a downside correction from the $64,600 zone. BTC is 
showing bearish signs and might continue lower below $61,200. Bitcoin failed 
to stay above $64,000 and extended losses. The price is trading below $62,800 
and the 100 hourly simple moving average. There was a break below a bullish 
trend line with support at $62,500 on the hourly chart of the BTC/USD pair 
(data feed from Kraken). The pair might extend losses if it stays below the 
$62,500 and $62,200 levels. Bitcoin Price Dips Again Bitcoin price failed to 
clear the $64,500 resistance zone. BTC started a downside correction and 
declined below the key support at $63,500 to enter a bearish zone. There was a 
move below the 50% Fib retracement level of the upward move from the $59,070 
swing low to the $64,613 high. Besides, there was a break below a bullish 
trend line with support at $62,500 on the hourly chart of the BTC/USD pair. 
Bitcoin is now trading below $62,500 and the 100 hourly simple moving average. 
If the price remains stable above $61,500, it could attempt a fresh increase. 
Immediate resistance is near the $62,000 level. The first key resistance is 
near the $62,200 level. A close above the $62,200 resistance might send the 
price further higher. In the stated case, the price could rise and test the 
$64,000 resistance. The next resistance could be near the $64,500 level. Any 
more gains might send the price toward the $66,000 level. The main hurdle for 
the bulls could be $66,500. Downside Extension In BTC? If Bitcoin fails to 
rise above the $62,500 resistance zone, it could start another decline. 
Immediate support is near the $61,200 level or the 61.8% Fib retracement level 
of the upward move from the $59,070 swing low to the $64,613 high. The first 
major support is near the $60,950 level. The next support is now near the 
$60,200 zone. Any more losses might send the price toward the $59,000 support 
in the near term. The main support now sits at $58,500, 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 – 
$61,200, followed by $60,200. Major Resistance Levels – $62,500 and $64,000.

Bitcoin price started a downside correction from the $64,600 zone. BTC is showing bearish signs and might continue lower below $61,200. Bitcoin failed to stay above $64,000 and extended losses. The price is trading below $62,800 and the 100 hourly simple moving average. There was a break below a bullish trend line with support at &#8230;

Bitcoin Price Back Under Pressure After Recovery Hopes Fade

XLG&#8217;s focus on mental resilience highlights the critical role of psychological 
readiness in achieving international esports success.
The post XLG&#8217;s hvoya addresses mental block ahead of VALORANT Masters London 
appeared first on Crypto Briefing.

XLG&#8217;s focus on mental resilience highlights the critical role of psychological readiness in achieving international esports success. The post XLG&#8217;s hvoya addresses mental block ahead of VALORANT Masters London appeared first on Crypto Briefing.

XLG’s hvoya addresses mental block ahead of VALORANT Masters London

Iran&#8217;s actions heighten regional tensions, potentially prompting European 
military responses and increasing the risk of broader conflict.
The post Iran launches missile, drone attacks on US-linked bases in Gulf 
states appeared first on Crypto Briefing.

Iran&#8217;s actions heighten regional tensions, potentially prompting European military responses and increasing the risk of broader conflict. The post Iran launches missile, drone attacks on US-linked bases in Gulf states appeared first on Crypto Briefing.

Iran launches missile, drone attacks on US-linked bases in Gulf states

The new rules could enhance match integrity and fan engagement, impacting 
sports betting dynamics and regulatory scrutiny globally.
The post IFAB implements new VAR rules and anti-time-wasting measures ahead of 
2026 World Cup appeared first on Crypto Briefing.

The new rules could enhance match integrity and fan engagement, impacting sports betting dynamics and regulatory scrutiny globally. The post IFAB implements new VAR rules and anti-time-wasting measures ahead of 2026 World Cup appeared first on Crypto Briefing.

IFAB implements new VAR rules and anti-time-wasting measures ahead of 2026 World Cup

The limited release of Mythos-class AI highlights the urgent need for enhanced 
cybersecurity measures across industries, especially in crypto.
The post Anthropic rolls out public version of Mythos without cybersecurity 
features appeared first on Crypto Briefing.

The limited release of Mythos-class AI highlights the urgent need for enhanced cybersecurity measures across industries, especially in crypto. The post Anthropic rolls out public version of Mythos without cybersecurity features appeared first on Crypto Briefing.

Jason Somensatto advocates for Bitcoin tax reforms before US lawmakers

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