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BTC remains steady at 85,000, analysts are bullish, and regulatory trends are changing
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According to Woofun AI, the Bitcoin price is anchored around $85,000 and remains in a narrow range.

Technical analysis shows that analyst Kevin maintains a bullish stance, and his core logic is based on two key support ranges: first $83,000 to $77,000, followed by $75,000 to $67,000.

According to data compiled by Woofun AI, these regions are transformed from previous high resistance levels, and as long as there is no complete breakdown, the probability of a new low is extremely low; Kevin also pointed out that those who insist on bearish views have withdrawn from the market or refused to acknowledge prediction mistakes.

There has been a major shift at the regulatory level. Scott Melk explained that the US Treasury Department has withdrawn proposed restrictive regulations on cryptocurrency mixing tools, privacy protection tools, and self-hosted wallets. This move is seen as an important regulatory advance that can be implemented without the intervention of Congress, and marks a shift in the policy trend from restrictions to inclusiveness.

Policy advocate Dennis Porter is promoting various state laws aimed at protecting self-hosting, node operation, and trading practices, and strengthening the education of Democratic lawmakers. He believes that the digital dollar is the easiest technology to promote at the political level due to its low volatility, fast settlement speed, low transaction costs, and low risk of fraud.


Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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