Bitcoin: UAE Ownership Hits 16% vs Global Average

Bitcoin ownership in the UAE stands at 16% compared to the global average of 4.5-6%, according to data highlighted by Charles d'Haussy. BTC price action on the 4h chart shows price at $78373.44 testing lower Bollinger support near $78462.95 while the EMA50 at $79002.32 caps upside and the EMA200 at $73806.97 provides distant floor; the MACD death cross at -172.5 keeps the structure bearish and RSI at 39.08 leaves room for further downside before any relief. Bitcoin ownership statistics and UAE crypto adoption metrics continue to outpace global Bitcoin penetration rates even as this technical confluence points to near-term consolidation around current levels.