Illinois: Bitcoin Tax Rules Launch Despite Backlash

Illinois moves forward with taxing Bitcoin and crypto transactions, drawing sharp criticism as the most punitive state-level policy to date.

Traders tracking BTC price prediction models now weigh regulatory drag against technical structure. BTC sits at $65312.1 inside its Bollinger Band, with the upper band at $67381.9 acting as immediate resistance. The 50-EMA at $64910.86 offers nearby support while the 200-EMA at $69310.2 caps longer-term upside; MACD death cross keeps momentum subdued despite neutral RSI at 50.42.