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Right now, the news around the market is very positive. In most cases, when sentiment becomes overly positive, the market tends to move in the opposite direction.
This simply means a potential pullback can occur from higher levels.
Bitcoin is currently approaching a major rejection zone between 78K to 81K.
This area can act as strong resistance where selling pressure may increase.
Be cautious in this zone and avoid chasing long positions without confirmation. A rejection here can lead to a short term dump.
The State Bank of Pakistan has officially legalised and promoted the use of virtual assets by enforcing the Virtual Assets Act 2026, marking a major shift in the country’s digital finance landscape.
Under the new legislation, the Pakistan Virtual Asset Regulatory Authority has been established as the official body responsible for licensing, regulating, supervising, and overseeing all virtual asset activities across Pakistan.