BTC is trading around $105,300, showing resilience despite recent volatility. Below is a quick overview of major news and signals:
Key News & Market Signals
JPMorgan CEO issues warning
Jamie Dimon urged the U.S. government to prioritize defense infrastructure over crypto investments.
Signal: 🔴 Negative
May cause hesitation among institutional investors.
French firm buys $69M worth of BTC
The Blockchain Group acquired 624 BTC, increasing its holdings to 1,471 BTC.
Signal: 🟢 Positive
Shows growing institutional interest in Europe.
Trump Media plans $2.5B BTC purchase
The company announced plans to raise $2.5 billion to buy Bitcoin.
Signal: 🟢 Positive
Another signal of mainstream institutional adoption.
📈 Technical Overview
Current Price $BTC : ~$105,300
Key Support: $100,700
Resistance Zone: $105,865
BTC trades above the 50-day EMA, while MACD shows a bullish crossover and RSI remains neutral.
This supports a short-term bullish bias.
🧭 Summary
Despite negative commentary from traditional finance, Bitcoin remains stable, supported by corporate accumulation and positive technicals. The market may see further upside if resistance is broken.