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🇹🇭 Thailand launches program allowing tourists to convert crypto to the local currency.
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🚨 BTC Market Update ⚠️ BTC is currently trading at 115,688 after bouncing from 4-hour demand area, previously an area that was supposed to work as support has tried to push price upward but failed to hold and price has dropped downward, and is now reacting as resistance the areas working currently are 114,640 and the below support is 112,700 While the temporary resistance area is 116,700 and 118,500 Plan your entries according to this areas with small risk and always use stop loss Today is not any high impact news but tomorrow is FOMC and market can consolidate before FOMC news, so plan your entry according to that
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ALTSEASON 2025 UPDATE🚨 BTC Dominance (BTC.D) weekly ✅Rising Channel Broken: BTC.D was respecting a rising channel since early 2023. Recently, it broke below channel support, signaling weakness in BTC.D. ✅Failed Retest: After breakdown, BTC.D made a small retest near support-turned-resistance (circled). Rejection here strengthens bearish momentum. ✅Weekly MA 50: BTC.D closed 2nd candle below Weekly MA 50, a major sign of weakness in chart. ✅Bearish MACD: Weekly MACD shows bearish crossover with momentum increasing on downside → confirming shift towards altcoins. ✅If downtrend continues, BTC.D could fall towards 44–42% zone. 🟠 Interpretation: A sustained drop in BTC dominance means altcoins will outperform BTC. This is classic setup for Altseason 2025, where capital flows from BTC into mid & low-cap alts.
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BITCOIN FUNDAMENTAL UPDATE 🚀 Bitcoin is currently trading around 116000, after Bouncing from 114700 Immediate Support Zone . While BTC shows strong bullish momentum and but struggling at 124000 level , But the daily structure still maintains higher lows and higher highs, reflecting a broader bullish outlook. 🔹 Current Market Situation BTC is currently holding above the 50 EMA, 200 EMA, While Below the 20 EMA and 50 EMA which indicated short term bearish momentum But overall Market structure is Bullish again. 🔹 Important Technical Point BTC recently bounced from 114700 and 112000 short term support area, and also reclaimed momentum after bouncing from Lower Time Frame Demand Zone at 114700. The minor Resitance remains at 119000 while major Resistance at 124000, and a breakout above 120000 could drive price towards 125000 or 128000. 🔹 Market Catalyst To Watch As we are trading in the high volatile Trading week and 2-3 newes are in scheduled. which Leads Price into High volatile So have Patience and let the Market to come in our intrested Demand areas to trigger Buy/Long BTC. 🔹 What To Expect As long as BTC remains above 112000 the bullish bias remains intact. Pullbacks into these key zones may offer buying opportunities. Traders should stay alert to both macroeconomic updates and sudden sentiment shifts driven by global development in coming week.
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🇧🇹 The Bhutanese government transferred 800 BTC ($92.08 million) again 1 hour ago and now owns 9,969 BTC ($1.15 billion).
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Bitcoin News: Why Bitcoin Crash to $112K Could Be the Next Key Level?
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