Coindesk reported that Bitcoin (BTC) is showing a rebound, recovering the $77,000 mark, but the market remains cautious about whether a trend reversal will occur. Alex Kuptsikevich, an analyst at FxPro, analyzed, "BTC confirmed support near the 50-day Simple Moving Average (SMA) at the $76,000 mark, and the market's mid-term direction is likely to be determined within the next few days. The next resistance level is around $81,000, where the 200-day moving average is located." Naeem Aslam, CIO of Zaye Capital Markets, stated, "In the short term, spot ETF outflows and macroeconomic uncertainty are burden factors, but in the long term, regulatory clarity and increased institutional capital inflows are supporting the market. President Trump's recent directive to review payment network accessibility for fintech and cryptocurrency companies is also a favorable signal."
