Iranian Protests Drive Bitcoin Adoption as Rial Devalues Over 1000%
- Protests Shift Financial Behaviors: Since the protests began on December 28, 2025, Iranians have increasingly transferred Bitcoin into personal wallets due to the rial's devaluation, with data indicating a significant uptick in these transfers during the protest period, reflecting a pressing need for wealth preservation.
- Surge in Bitcoin Transfers: Between the onset of protests and the internet blackout, there was a marked increase in transfers from local crypto exchanges to personal Bitcoin wallets, with Chainalysis reporting a significant rise in personal custody of Bitcoin compared to pre-protest levels, highlighting a desire for direct asset control.
- Rial Devaluation Drives Bitcoin Demand: By the end of December 2025, the Iranian rial's official exchange rate surged from 42 to over 1,050, drastically undermining purchasing power and making Bitcoin an attractive savings instrument, with Chainalysis describing it as a rational hedging method for Iranians.
- IRGC's Crypto Transactions: Chainalysis noted that wallets linked to the Islamic Revolutionary Guard Corps accounted for over 50% of Iran's total crypto transaction value in Q4 2025, executing over $3 billion in blockchain transactions, indicating widespread use of cryptocurrencies at a national level.
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Technical Analysis for BTC
Technical Sentiment Analysis for Bitcoin (BTC) As of , Bitcoin (BTC) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 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 | 36429.06 | 48214.53 | 61164.81 | 72950.28 | 85900.56 | 97686.03 | 110636.31 |
| Fibonacci | 48214.53 | 57663.586 | 63501.224 | 72950.28 | 82399.337 | 88236.973 | 97686.03 |
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