I. Macroeconomic Sentiment: Geopolitical Risks Ease, Reserve Legislation Gains Momentum On local time the 24th, the President of Iran stated that he is prepared to assure the world that Iran does not seek nuclear weapons or regional instability. This declaration significantly alleviated geopolitical risks. Simultaneously, the United States is accelerating the passage of the ARMA Act, a national Bitcoin reserve legislation aimed at accumulating 5% of global circulating supply. The dual positive developments have created a synergistic effect, substantially boosting market confidence in the industry. II. Technical Chart: 4H Short-Term Trend Turns Bullish, Daily Chart Remains Under Pressure The 4-hour price trend has turned upward, with a strong rebound following yesterday’s long lower shadow candle and increased buying volume. However, sustained buying momentum remains insufficient. On the daily chart, the MACD shows a bearish crossover extending downward, with moving averages maintaining a bearish alignment. Price is also under pressure from the daily EMA30 (approximately 77,663). The overall market structure remains a “weak recovery” under minor bullish control, with reduced enthusiasm for chasing rallies and prevailing caution dominating sentiment. III. Key Levels: Focus on the 78,000 Milestone Analyst Adam notes that the $77,000–$78,000 range serves as the critical battleground between bulls and bears. The short-term focus is on whether price can accumulate enough momentum to break through resistance: Support Levels (if retracing): 76,000 USDT: Previous low support and a major psychological round number; serves as the first key defensive zone for short-term buyers. 75,000 USDT: Strong psychological and volume-supported level; a break below 74,500 USDT warrants strict stop-loss for long positions. Resistance Levels (if rallying): 78,000 USDT: The daily EMA30 is currently near 77,663, forming a key near-term resistance zone. 79,000–80,000 USDT: A successful reclaim of 78,000 would target the critical 80,000 level; sustained trading above 79,500 USDT would signal a potential trend reversal. Risk Disclaimer: The content herein is for informational purposes only and does not constitute investment advice. Market conditions carry risk; invest with caution.
BTC Eyes $80,000 as Iran Pledges No Nuclear Weapons
AiCoinShare
Summary
BTC price shows signs of a rebound toward $80,000 as geopolitical tensions ease and the U.S. advances the ARMA Act. Iran’s president confirmed the country will not pursue nuclear weapons, reducing regional risk. BTC dominance remains stable amid the rally. Key resistance is at $78,000, with support at $76,000. The U.S. bill aims to hold 5% of the circulating Bitcoin supply.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.