Investment
Features
FeesSafety
Academy
More
Pluang+

Bitcoin price rises above $77,500 but faces strong resistance near $80,000 amid geopolitical risks.

Technical Signals
20 May 2026
Crypto Daily
View Source
Neutral
Bitcoin price rises above $77,500 but faces strong resistance near $80,000 amid geopolitical risks.

Bitcoin's price has started to rise, reaching around $77,500 after days of sideways movement. Key resistance levels at $77,400 and $78,400 must be broken for bulls to gain confidence, with a major breakout above $80,000 needed to confirm a sustained uptrend. Geopolitical tensions between the US and Iran could negatively impact Bitcoin and the stock market, while a peaceful deal might trigger a stronger rally. Investors should watch price action closely in the coming days, especially around the weekend close, as the next few weeks could see significant moves either back toward $66,000 or higher.

More News (BTC)

Cryptocurrency prices drop sharply, with Bitcoin down over 4% and Ethereum over 6%.

Cryptocurrency prices drop sharply, with Bitcoin down over 4% and Ethereum over 6%.

Major cryptocurrencies experienced significant price declines, with Bitcoin falling 4.21% to $75,462 and Ethereum dropping 6.05% to $2,393.88. Other notable coins like XRP and SOL also saw steep losses, exceeding 6%. This broad sell-off reflects incr...

Market News
Bearish
1 day ago
Senate blocks CLARITY Act, but Ripple CEO confident crypto will thrive regardless

Senate blocks CLARITY Act, but Ripple CEO confident crypto will thrive regardless

The U.S. Senate failed to advance the Digital Asset Market CLARITY Act, a key crypto market structure bill, dealing a setback to the industry. Despite this, Ripple CEO Brad Garlinghouse expressed confidence that cryptocurrency will continue to progre...

Market News
Bearish
1 day ago
BTC, XRP, SHIB prices drop after U.S. Senate fails to advance CLARITY Act

BTC, XRP, SHIB prices drop after U.S. Senate fails to advance CLARITY Act

The U.S. Senate narrowly failed to advance the CLARITY Act in a 49-50 procedural vote, causing Bitcoin, XRP, and Shiba Inu to plunge. The bill aimed to provide comprehensive cryptocurrency market regulations but fell short of the 60 votes needed to p...

Market News
Bearish
1 day ago
Bitcoin dips below $75K amid Fed rate hike fears, then rebounds above $76K, liquidating $98M in longs.

Bitcoin dips below $75K amid Fed rate hike fears, then rebounds above $76K, liquidating $98M in longs.

Bitcoin briefly fell below $75,000 on September 15 due to fears of a Federal Reserve rate hike but quickly recovered above $76,000. This sharp move liquidated over $98 million in leveraged long positions as US 10-year Treasury yields rose above 5%, a...

Market News
Bearish
1 day ago
Major cryptocurrencies including Bitcoin and Ethereum drop sharply amid market sell-off.

Major cryptocurrencies including Bitcoin and Ethereum drop sharply amid market sell-off.

Leading cryptocurrencies such as Bitcoin and Ethereum experienced significant price declines, with Bitcoin falling nearly 4% and Ethereum over 5%. Other major coins like XRP and Solana also saw notable drops, indicating a broad market sell-off. This ...

Market News
Bearish
1 day ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App