Netherlands: Self-Custody Bitcoin Tax Sparks Outcry

Netherlands officials face renewed criticism after Ueno Bank in Paraguay collapsed, freezing accounts for more than three million customers and triggering street protests. Michaël van de Poppe cited the seizure, the central bank president's resignation, and executive detentions as proof that self-custody Bitcoin must remain untaxed at the point of holding.

Price action on the four-hour chart shows BTC at $76135.71 inside the Bollinger Bands with the upper band at $81323.95 acting as immediate resistance. The EMA50 at $78659.64 and EMA200 at $80803.55 both sit above spot, confirming a bearish structure reinforced by the MACD death cross at 48.38, while RSI at 36.94 leaves room for further downside before oversold conditions appear.