Bhutan's Digital Asset Holdings Reach $696M, Led by Bitcoin as the Major Component
Bitcoin's Dominance: Bitcoin is the largest asset in Bhutan's digital portfolio, valued at approximately $693.96 million, with a recent price increase of +0.94%.
Ethereum's Performance: Ethereum is the second-largest asset, holding a value of $10,000,000.00, and has seen a price increase of +1.07%.
Mixed Results from Smaller Tokens: Smaller digital tokens in the portfolio, such as AIEK and PHIL, have shown mixed performance, with some experiencing declines, notably AIEK which dropped by -16.04%.
Overall Portfolio Growth: The Royal Government of Bhutan's digital asset portfolio increased by +0.93%, primarily driven by gains in Bitcoin and Ethereum, while smaller holdings displayed volatility.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Strong sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 0 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for BTC stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, BTC is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Bitcoin (BTC) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 41902.917 | 50951.459 | 61326.917 | 70375.459 | 80750.917 | 89799.459 | 100174.917 |
| Fibonacci | 50951.459 | 58371.427 | 62955.491 | 70375.459 | 77795.427 | 82379.491 | 89799.459 |
About BTC
About the author









