bitcoinholdsnear65400

#BitcoinHoldsNear$65400AsMagSevenLose$797B

Despite uncertainty in traditional markets, Bitcoin continues to hold above $65,400. This shows that buyers are still defending a key support zone.
The next move will depend on the BTC’s ability to create fresh bullish momentum to break through resistance. Otherwise, sellers could regain control.
For now, I prefer to stay patient and wait for confirmation rather than chase the market. Risk management remains the top priority. ⚠️
Do you think Bitcoin will break resistance, or is a pullback more likely?

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#BitcoinHoldsNear65400 #Bitcoin #Crypto #Trading #BinanceSquare

🚨 New Change in the Route of Saudi Oil Exports via the Suez Canal

The route for Saudi oil exports has begun to face consecutive changes due to geopolitical tensions in the region.

After traffic through the Strait of Hormuz was disrupted, Saudi Arabia redirected around 70% of its exports to Yanbu Port on the Red Sea as an alternative solution. But after the Houthis announced a naval blockade of Saudi ports and targeted two Saudi tankers — Encelia and Layla — the kingdom was forced to redirect shipments again.

The new route:
Yanbu ➡️ Suez Canal ➡️ Mediterranean Sea ➡️ Detour around Africa ➡️ Asia

⏳ Under normal conditions, the journey from Yanbu to Taiwan takes about 19 days, but this time it may reach around 48 days, with fuel costs rising by more than double, in addition to Suez Canal transit fees.

🔄 Three Saudi oil tankers have also already changed direction in the Red Sea and are heading to the Suez Canal instead of the previous route.

📢 Saudi Aramco is working to provide additional loading options via the Sidi Kerir terminal in Egypt on the Mediterranean Sea as a new alternative to bypass the current constraints.

📌 Summary:
Oil is still flowing, but it has become much slower and more expensive, with roughly four additional weeks added to the delivery time for shipments bound for Asia.
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#BitcoinHoldsNear$65400AsMagSevenLose$797B

Despite uncertainty in traditional markets, Bitcoin continues to hold above the $65,400 level. This shows that buyers are still defending an important support zone.
The next move will depend on whether BTC can build enough momentum to break higher or if sellers regain control.
For now, I'm staying patient and waiting for confirmation instead of chasing the market. Risk management always comes first. ⚠️
Do you think Bitcoin will break above resistance, or is a pullback more likely?

$BTC $ETH
#BitcoinHoldsNear65400 #BTC #Crypto #Trading #BinanceSquare