BTC Steady in Geopolitical Storm: Oil Surpasses $111

BTC Shows Resistance in Geopolitical Tensions

Bitcoin remains nearly steady, unfazed by the storm around it, while other major cryptocurrencies give back their gains and oil prices exceed $111 amid news of the US extending its naval blockade against Iran. The largest cryptocurrency, holding just below $77,050 during Asian hours, rose 0.3% in the last 24 hours but dipped slightly on a weekly basis. According to the Wall Street Journal, President Donald Trump instructed his aides to prepare to expand the US naval blockade in the Strait of Hormuz. Ether fell to $2,310 with a weekly loss of 2.6%; other majors like XRP, Solana, BNB, and assets in the top 10 excluding stablecoins and Dogecoin also lost value. Iran indicated it could be open to a temporary agreement to reopen the strait if the port blockade is lifted, in response to claims in Trump's Truth Social posts describing it as a "collapse situation."

BTC Technical Outlook and Key Levels

This surge in oil prices, with Brent fluctuating around $111, is increasing inflation pressure ahead of central bank decisions. Bitcoin's market dominance is rising again as capital shifts to the largest asset amid macro tensions. Current price $77,050, RSI 58.01 neutral, trend sideways but Supertrend giving bearish signal. EMA 20: 75.575$. For BTC detailed analysis supports: S1 76.374$ (strong, 85% score), S2 73.670$. Resistances: R1 80.314$ (4.22% distance), R2 77.572$. Split Research founder Zaheer Ebtikar notes that Bitcoin's calm reflects a change in market structure, stating that supply surplus has been exhausted.

BTC Expectations Before Fed Decision

Bitget analysts mark $75,000 as the upside trend breakout threshold; losing this level opens the downside, while $80,000 preserves the rally. The Fed will announce its interest rate decision today. Traders will watch whether visible supply exhaustion provides resistance to macro shocks. BTC futures data will determine volatility. The market has thinned out on the seller side.