Latest Update
8/24/2026 7:52:00 AM

Bitcoin: Ardoino Backs El Salvador and Kazakhstan

Bitcoin: Ardoino Backs El Salvador and Kazakhstan

Bitcoin at $77385.47 draws praise from Paolo Ardoino for nations like El Salvador and Kazakhstan driving adoption amid EMA50 support at $72311.67.

Source

Analysis

Paolo Ardoino called for recognition of nations embracing Bitcoin opportunities, spotlighting El Salvador and Kazakhstan as leaders in the space.

Price action at $77385.47 holds above the EMA50 at $72311.67 and EMA200 at $66950.39 inside the Bollinger band, with RSI(14) at 67.03 and MACD showing a death cross at 1755.23. With price testing upper Bollinger resistance at $78327.82 while RSI flashes neutral momentum, a healthy retracement to the 50-EMA support at $72311.67 seems probable before further continuation. This setup aligns with BTC price prediction models tracking institutional flows and Bitcoin adoption trends across pro-crypto jurisdictions.


Paolo Ardoino

@paoloardoino

Paolo Ardoino is the CEO of Tether (issuer of USDT), CTO of Bitfinex,