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BTC Technical Analysis: Key Support and Resistance Levels After the $90,000 Break Bitcoin's drop below $90,000 introduces new technical levels that traders and investors should monitor. Support levels indicate potential price floors where buying pressure might strengthen, while resistance levels suggest areas where selling pressure could limit upward movement. Key Support Levels 1. $88,000 - Immediate Support This level acted as a short-term consolidation zone before BTC moved above $90,000. If BTC finds support here, a quick bounce toward $90,000+ is possible. 2. $85,000 - Psychological and Technical Support A key level where traders could look for buy orders, especially if sentiment remains bullish. This area coincides with past resistance-turned-support from previous price action. 3. $82,500 - Major Support Zone Historically strong level that could act as a temporary bottom if BTC continues falling. Falling to this level may trigger significant buy orders, preventing deeper corrections. 4. $80,000 - Critical Support Level A major psychological level and a key long-term Fibonacci retracement zone. A break below $80,000 could lead to a stronger bearish trend toward $75,000. 5. $75,000 - Strong Historical Support If BTC reaches this level, it would signal a deeper correction. Previous accumulation occurred in this range, making it a likely bounce area. Key Resistance Levels 1. $90,000 - Previous Support Now Resistance BTC needs to reclaim $90,000 for a bullish recovery. A breakout above this level could trigger renewed momentum toward higher levels. 2. $92,000 - Short-Term Resistance BTC struggled around this area before breaking down. Flipping this level into support would strengthen bullish sentiment. 3. $95,000 - Strong Resistance Before All-Time High If BTC moves back above $90,000, this level could act as a short-term barrier. A strong breakout above $95,000 would signal a retest of all-time highs. 4. $98,000 - Pre-Breakdown Resistance This level marked the last rejection before BTC’s decline. A move above $98,000 would likely push BTC toward $100,000. 5. $100,000 - Psychological and Major Resistance A key milestone that could trigger both profit-taking and FOMO-driven buying. A breakout above $100,000 would likely confirm a long-term bullish trend. Conclusion BTC’s price action after breaking below $90,000 will depend on whether it can hold key support levels or faces further downside pressure. If BTC stabilizes above $85,000, it could attempt a rebound toward $90,000 and higher. However, failure to hold above $80,000 could signal a deeper correction toward $75,000. Traders should watch volume, momentum indicators, and macroeconomic factors to confirm trend direction.$BTC

💰 #Bitcoin 🚀 Bitcoin is experiencing a healthy correction after reaching recent highs. The key support zone around $73,973 is expected to act as a strong long entry level. 📉📈 If BTC holds above this area, we could see a massive bounce back toward new all-time highs! 🎯 Key levels to watch: Support: $73,973 (Ideal long entry) Next Targets: $100K+ potential if the trend resumes

A Montana man has been found guilty of conspiracy to launder over $2.4 million through cryptocurrency, the U.S. Attorney’s Office for the Eastern District of Texas announced Thursday. Randall V. Rule, 73, formerly of Kalispell, Montana, was convicted on all counts following a three-day trial before U.S. District Judge Jeremy D. Kernodle on Feb. 26. He was charged alongside Gregory C. Nysewander, formerly of Irmo, South Carolina, in a 2022 federal indictment. Prosecutors said Rule and Nysewander helped convert funds from scams — including romance fraud , business email compromises, and real estate scams — into cryptocurrency, which was then transferred to accounts controlled by foreign and domestic co-conspirators. Romance scams involve fraudsters befriending victims under the pretence of a potential love interest . These scammers pretend to form personal connections to gain victims’ trust and then exploit them financially. Scammers also use fake websites to trick victims into providing personal information or sending funds. Many of these sites mimic legitimate companies but have minor differences in their URLs. To evade detection, Rule and Nysewander allegedly misrepresented transaction details and misled financial institutions and cryptocurrency exchanges. “We will aggressively pursue cases against scammers and against those who facilitate their crimes by laundering the criminal proceeds,” said Acting U.S. Attorney Abe McGlothin, Jr. The U.S. Secret Service, which investigated the case, credited the prosecution team for protecting the country’s financial system. Rule faces up to 20 years in prison for each money laundering charge and up to five years for conspiracy to violate the Bank Secrecy Act. His sentencing date will be set following an investigation.

Texas policymakers have roughly $24 billion in sovereign wealth as the State’s Senate weighed passing Bitcoin reserve legislation. The Texas Senate Committee on Business and Commerce unanimously supported a bill to invest state surplus dollars into Bitcoin ( BTC ) as governments mulled crypto reserve adoption. Republican Charls Schwertner, chair of the Committee, scored a landslide 10-0 vote for his proposal titled the Texas Strategic Bitcoin Reserve and Investment Act. The State’s Senate will now consider Schwertner’s following overwhelming bipartisan backing. “Today’s vote was a critical first step in making a strategic investment in Texas’ financial future,” chair Schwertner said in a statement. Lawmakers could invest from the state’s $24 billion cash reserve, if approved by the Senate. Over 20 U.S. states raced to pass BTC reserve laws, funneling taxpayer dollars to the largest cryptocurrency market cap. White Montana’s BTC reserve bill failed to clear a House vote, Arizona , Oklahoma , and Utah inched closer to passing laws. States see BTC as a way to diversify their sovereign portfolios. President Donald Trump’s return, as the first Bitcoin president, and crypto’s mammoth spending during the general elections, no doubt helped push the needle on state-level adoption.

🗞️ Need to catch up on the news? Here's our top 10 from today: 🔸The SEC declares meme coins are not considered securities. 🔹United States Secretary of the Treasury adds Galaxy Digital's Tyler Williams as a digital asset advisor. 🔸The SEC dismissed its lawsuit against Coinbase with prejudice, ending the case permanently. 🔹Sam Altman announces GPT-4.5, calling it the first AI that feels like talking to a real person, but warns of GPU shortages delaying its full rollout. 🔸The SEC has dropped its case against Consensys. 🔹Michael Saylor met with the House Financial Services Committee to discuss how to make the “U.S. the global leader in #Bitcoin and crypto.” 🔸Texas Business and Commerce Committee passes #Bitcoin strategic reserve bill, now heads to the Senate floor. 🔹House Democrats reportedly set to introduce the MEME Act, a bill that would ban public officials from issuing or endorsing memecoins like $TRUMP. 🔸Ripple partners with South Korean custodian BDACS to offer institutional-grade custody for $XRP and $RLUSD. 🔹Trump says tariffs set for March 4 will go into effect as scheduled, with China facing an additional 10% tariff.