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Bitcoin was constantly traded near $ 107,600 on Friday, despite the increase in global subtitles, from the FBI to geopolitical power play. The key catalyst for investors of peace was the arrest of the British National National Kai West, known online as ”Intebroker“Who allegedly made a violation and facilitated the sale of stolen corporate data.
The FBI said West caused damage exceeding $ 25 million by leakage of more than 40 companies in exchange for bitcoins and monero. Was arrested in France and now waiting for the US release
One secret agent reportedly paid $ 250 for Bitcoins for access to confidential files. West’s Cyber Group reportedly sold $ 2.5 million data. By 2024, Intever has built a reputation as a main darkness.
Despite the scandal, the bitcoin price action barely crack, which is a sign that traders are increasingly self -confident in the ability of regulatory bodies to monitor the activity of blockchain.
This event emphasizes the dual nature of Crypto, which is used in crime and also traceable. The growing technical ability to enforce the right to monitor cryptal transfers strengthens market trust.
In addition, there is another bull report came from India where Pradeep Bhandari, National spokesman for the ruling party BJP, He defended Bitcoin Reserve pilot. Writing for India todayBhandari emphasized how nations like Bhutan and the US are already exploring a sovereign crypto strategy, suggesting that India could benefit from connection to this list.
Bhandari emphasized the growing Indian renewable energy sector as a competitive advantage for mining and accumulation of bitcoins. He argued that a regulatory clarity that was still missing in the Indian tax environment could unlock innovation, attract capital and build India as a leader of financial technology.
India currently receives 30% according to section 115bbh of the Income Tax without formal regulatory infrastructure. Yet domestic interest in crypto remains strong. Bitcoin hovered to $ 107,100 after Bhandari’s notes and signaled permanent institutional trust.
Technically bitcoins face rigid resistance at $ 108,250, which is the peak of the descending trend line visible on a 2 -hour chart. After steep jumping from $ 99,717, the asset broke over the main levels of Fibonacci – 0.618 for $ 102,977 and 0.5 at $ 103,984 – before stopping in the pass. The price action indicates a growing wedge formula that often precedes the collapse.
50 for $ 106,147 and the level of $ 23.6% to $ 106,237 offer critical support. Meanwhile, MACD flashes bear divergence, with momentum, as the histogram stripes reduce. Recent candlesticks resemble rotating peaks and doji formations – brands of indecision.
If Bulls can’t clean $ 108,250 with beliefs, we could see a pullback towards $ 104,000. On the other hand, a net break could set a run towards $ 109,257 and $ 110,448.
With Bitcoins trading nearly $ 105,000 with the focus of investors moves towards BTC Bull Token ($ btcbull)A growing altcoin, which is almost fully assigned during its pre -sale. To date, this project has increased $ 7,438,492.88 from its goal of $ 8,397,441, leaving below $ 1 million before it increases before the price of the token moves to the next level.
Currently, at the price of $ 0.00258, early buyers have a limited time to enter before the subsequent increase in the price is reflected.
BTCBULL combines its value directly to the price of bitcoins through two intelligent systems:
This download model appeals to veterans Defi and newcomers looking for hands-off income. When only the remaining hours remains and the hard cap almost reached, the momentum is built quickly. BtcbullA mix of bitcoin value, lack of mechanics and flexible betting promotes strong demand. Soon buyers have a limited time to entry before the next price level is activated.
Contribution Bitcoin stable for $ 107,000 as FBI NABS $ 25M HACKER & INDIA GRONTES BTC Reserve He appeared for the first time Cryptonews.