I started looking into Bitcoin since 2019 and observing market since then. Here I will express my views on Bitcoin based on my prior experience. Any view should not be considered as a financial advice.

21million

Kuldeep Gupta

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Veeresh talwade890

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Iran&#8217;s looming oil shut-ins could exacerbate economic pressures, increasing 
regime instability and impacting global oil markets.
The post Iran faces oil shut-ins in 15 days amid sanctions, war damage 
appeared first on Crypto Briefing.

Iran faces oil shut-ins in 15 days amid sanctions, war damage

US Navy Admiral Samuel Paparo said Bitcoin’s proof-of-work technology has 
&#8220;really important&#8221; computer science applications when it comes to 
cybersecurity.

US admiral calls Bitcoin an instrument for US ‘power projection’

Institutional adoption of digital assets is moving into live financial 
deployment as major firms focus on infrastructure and execution. Ripple 
executive Cassie Craddock said activity seen across Paris events shows this 
shift is already reshaping mainstream finance. Key Takeaways: Ripple says 
institutional adoption of digital assets is happening now. Craddock states the 
focus has shifted […]

Institutional Crypto Adoption ‘Happening Now’: Ripple Executive Says Real-World Use Cases Taking Hold

Bitcoin&#8217;s surge highlights its role as a geopolitical hedge, potentially 
increasing institutional interest and market volatility.
The post Bitcoin surges past $77K as $40M in shorts liquidated amid US-Iran 
tensions appeared first on Crypto Briefing.

Bitcoin surges past $77K as $40M in shorts liquidated amid US-Iran tensions

Bitcoin price started a recovery wave above the $75,000 zone. BTC is 
consolidating and might aim for more gains if it clears the $77,350 resistance 
zone. Bitcoin managed to form a base above $74,500 and started a recovery 
wave. The price is trading above $75,500 and the 100 hourly simple moving 
average. There is a rising channel forming with resistance at $77,350 on the 
hourly chart of the BTC/USD pair (data feed from Kraken). The pair might gain 
bullish momentum if it settles above the $77,500 zone. Bitcoin Price Regains 
Traction Bitcoin price remained supported above the $74,000 zone. BTC formed a 
base and settled above $74,500 to start a recovery wave. There was a move 
above the $75,000 and $75,500 levels. The bulls were able to push the price 
above the 61.8% Fib retracement level of the downward move from the $78,344 
swing high to the $73,637 low. There is also a rising channel forming with 
resistance at $77,350 on the hourly chart of the BTC/USD pair. Bitcoin is now 
trading above $75,500 and the 100 hourly simple moving average. If the price 
remains stable above $75,000, it could attempt a fresh increase. Immediate 
resistance is near the $77,250 level and the 76.4% Fib retracement level of 
the downward move from the $78,344 swing high to the $73,637 low. The first 
key resistance is near the $77,350 level. A close above the $77,350 resistance 
might send the price further higher. In the stated case, the price could rise 
and test the $78,000 resistance. Any more gains might send the price toward 
the $78,500 level. The next barrier for the bulls could be $80,000. Another 
Decline In BTC? If Bitcoin fails to rise above the $77,350 resistance zone, it 
could start another decline. Immediate support is near the $76,000 level. The 
first major support is near the $75,650 level. The next support is now near 
the $75,400 zone. Any more losses might send the price toward the $74,250 
support in the near term. The main support now sits at $73,200, 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 – $76,000, followed by $75,400. Major Resistance Levels – $77,250 and 
$78,000.

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