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🚨 Breaking News Pakistan✅#NewsAboutCrypto
As of March 18, 2025, Pakistan has taken significant steps toward integrating cryptocurrency and blockchain technology into its financial system:
Establishment of the Pakistan Crypto Council (PCC): On March 14, 2025, the government officially launched the PCC to oversee and promote blockchain technology and digital assets within the country. Finance Minister Muhammad Aurangzeb serves as the chairman, with Bilal Bin Saqib appointed as the Chief Executive Officer. The council aims to develop comprehensive regulatory frameworks, ensure compliance, and position Pakistan as a leader in the digital financial revolution.
Recognition of Cryptocurrency as a Strategic Asset: The PCC acknowledges Pakistan's strong position as one of the top 10 nations globally in crypto adoption, with over 20 million active users. The council plans to
As of March 18, 2025, Pakistan has taken significant steps toward integrating cryptocurrency and blockchain technology into its financial system:
Establishment of the Pakistan Crypto Council (PCC): On March 14, 2025, the government officially launched the PCC to oversee and promote blockchain technology and digital assets within the country. Finance Minister Muhammad Aurangzeb serves as the chairman, with Bilal Bin Saqib appointed as the Chief Executive Officer. The council aims to develop comprehensive regulatory frameworks, ensure compliance, and position Pakistan as a leader in the digital financial revolution.
Recognition of Cryptocurrency as a Strategic Asset: The PCC acknowledges Pakistan's strong position as one of the top 10 nations globally in crypto adoption, with over 20 million active users. The council plans to
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Support Holds Firm Amid Bullish Hopes
Bitcoin closes the week above critical support
Bulls hold onto hope for a rebound
Weekly support level remains a pivotal zone
Bitcoin ($BTC) has once again proven its resilience by securing a weekly close above a crucial support level. After a period of uncertainty, the market saw BTC maintaining its position above this key zone, offering some optimism to bullish traders.
The support zone, which had been tested multiple times in recent weeks, held strong, marking it as a critical battleground between bulls and bears. For bullish investors, this level represents the “last hope” to prevent further downside, and its successful defense could signal a potential reversal or at least a temporary relief rally.
#BTC 1W update
Nice weekly close. The Support held
This support is the last hope for the bulls pic.twitter.com/JkegvDFMxN
— CryptoBullet (@CryptoBullet1) March 17, 2025
Why This Weekly Support Matters for Bitcoin
Weekly support levels are often seen as long-term indicators of market sentiment. Holding above support on higher timeframes like the weekly chart suggests that buyers are still active and willing to defend critical price points.
Should this support continue to hold in the coming weeks, we might see Bitcoin making a move to reclaim higher resistance levels. However, if it fails, bearish pressure could increase significantly, possibly driving BTC to lower price ranges.
As of now, the market sentiment remains cautiously optimistic, with bulls clinging to the hope that this support level marks the foundation for Bitcoin’s next leg up.
The post BTC Weekly Support Holds Firm Amid Bullish Hopes appeared first on Coinomedia.com.
Bitcoin closes the week above critical support
Bulls hold onto hope for a rebound
Weekly support level remains a pivotal zone
Bitcoin ($BTC) has once again proven its resilience by securing a weekly close above a crucial support level. After a period of uncertainty, the market saw BTC maintaining its position above this key zone, offering some optimism to bullish traders.
The support zone, which had been tested multiple times in recent weeks, held strong, marking it as a critical battleground between bulls and bears. For bullish investors, this level represents the “last hope” to prevent further downside, and its successful defense could signal a potential reversal or at least a temporary relief rally.
#BTC 1W update
Nice weekly close. The Support held
This support is the last hope for the bulls pic.twitter.com/JkegvDFMxN
— CryptoBullet (@CryptoBullet1) March 17, 2025
Why This Weekly Support Matters for Bitcoin
Weekly support levels are often seen as long-term indicators of market sentiment. Holding above support on higher timeframes like the weekly chart suggests that buyers are still active and willing to defend critical price points.
Should this support continue to hold in the coming weeks, we might see Bitcoin making a move to reclaim higher resistance levels. However, if it fails, bearish pressure could increase significantly, possibly driving BTC to lower price ranges.
As of now, the market sentiment remains cautiously optimistic, with bulls clinging to the hope that this support level marks the foundation for Bitcoin’s next leg up.
The post BTC Weekly Support Holds Firm Amid Bullish Hopes appeared first on Coinomedia.com.
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