Bitcoin Price Prediction as #Microsoft t IT Outage Chaos Worldwide – Will Bitcoin #Blockchain Change?
The Microsoft IT breakdown raised worries about the endurance of several systems, including Bitcoin and its blockchain. This incidence raises fascinating Bitcoin price forecasts.
Bitcoin's decentralized nature enables it to run without intervention during worldwide IT issues, proving its stability.
Bitcoin's durability shows its reliability as a digital asset and appeals to investors seeking stable investments in unpredictable markets.
Microsoft IT Outage: How Bitcoin Survived Global IT Chaos?
CrowdStrike's cybersecurity software upgrade error prompted a global technological outage. This error, known as the “blue screen of death,” disrupted transportation, healthcare, banking, and media.
Critical Microsoft Windows systems crashed, disrupting major airport operations, financial services, and media broadcasts.
Bitcoin and blockchain technology survived the global turbulence, which delayed and halted key services including airplanes in the U.S. and Europe, banks, and stock exchanges.
Blockchain's decentralization protected Bitcoin against centralized system failures, demonstrating its resilience in the face of global technology weaknesses.
Bitcoin (BTC/USD) trades for $66,340.82 with a 24-hour volume of $31.55 billion. Bitcoin rose over 5% in 24 hours. It leads Cryptonews with a $1.31 trillion market valuation. The circulating supply of Bitcoin is 19.73 million BTC, reaching its 21 million BTC limit.
Bitcoin's price is rising rapidly. The turning point is $65,848. Initial resistance is $66,939, followed by $68,780 and $70,500. Support begins at $65,031, followed by $63,852 and $63,232.
The asset's RSI is 69.29, showing strong bullish momentum but entering overbought territory. The 50-day EMA at $63,852 provides strong support.
Bullish indicators like three white soldiers on the chart indicate the rising trend will continue. Bitcoin's double top breakthrough at $65,800 boosts its bullish outlook.
#BTC $BTC
