$BTC UK’s First Release Crypto Assets Taxable Income Statistics🔥

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🔴 $BTC UK’s First Release Crypto Assets Taxable Income Statistics: Short-term bullish bias
⚠️ Technicals: BTC’s daily moving averages are in a bullish order and diverging upward; ADX at 60.4 indicates a strong uptrend on a higher timeframe. However, the price is pressing near the daily resistance around 81,500, and there is likely short-term pullback demand due to pressure. On the 4-hour timeframe, the market shows a bearish configuration with ADX only 21.9, suggesting the trend is weak. The 1-hour also turns bearish; the red MACD histogram on the 4-hour starts to shorten, and short-term momentum is weakening. That said, trading volume is relatively low (compared to 0.50). Daily support at 62,484 is strong—if the pullback does not break this level, the medium-term upward structure remains intact.
📢 Market Updates: The UK has released its first statistics on taxable income from crypto assets. This means crypto assets have officially entered the traditional tax regulatory framework. In the short term, it may trigger some investors to adopt a wait-and-see attitude regarding tax compliance, but in the long run it will help normalize and professionalize the industry. Keep an eye on the subsequent policy details.
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