PANews reported on April 10 that according to Protos, citing the BBC, British prosecutors said that a wealthy Chinese businessman was kidnapped at gunpoint at a well-known golf course in the UK, threatened with a knife, beaten and locked in a cage for more than 30 hours by a crypto extortion gang, and demanded $15 million in Bitcoin. Prosecutors allege that in October 2023, while playing golf at Brockett Manor in Hertfordshire, England, Dylan Huang was assaulted by five men and forcibly dragged into a car, and the gang then tied him up and took him to a property in Surrey, where they locked him in a cage, blindfolded him and sealed his mouth with duct tape. When the gang demanded tens of millions of dollars in Bitcoin, Dylan Huang offered to sell his stocks and shares to the gang, while also trying to get various loans from his friends. "After a few hours, it seems that the kidnappers are starting to get angry," the prosecution said. They began to hurt him - hit him in the leg with some kind of object. The ordeal allegedly lasted 30 hours, during which Dylan Huang was fed but not allowed to use the toilet. Dylan Huang was eventually released and abandoned near another golf club in Surrey. Tianfu Guo, 35, was arrested after police tracked his car using a remote ANPR camera. He is currently on trial in the Royal Court of St. Albans on charges of accomplice in kidnapping, accomplice in racketeering, and possession of a replica firearm with intent to create fear of violence.

Bitcoin Bulls Continue Push, Could Start Fresh Rally if Weekly Close Above $30,200 BTC formed a low near $29,500 and the price is currently attempting a fresh leg higher. The price climbed above the $29,850 and $30,000 resistance levels. The volatility was seen above the 50% Fib retracement level of the downside move from the $30,448 swing high to $29,500 low. The price is currently consolidating around $30,000. Bitcoin price is still below $30,200 and the 100 hourly simple moving average. An immediate resistance is near $30,080. There is also a major bearish trend line forming with resistance near $30,100 on the hourly chart of the BTC/USD pair. The trend line is near the 61.8% Fib retracement level of the downside move from the $30,448 swing high to $29,500 low. The first major resistance is near $30,200. A close above $30,200 could start a fresh increase. The next major resistance is near $30,500. Any further gains could open the door towards the $31,000 resistance zone. If bitcoin fails to break the $30,200 resistance, it may continue to decline. An immediate support on the downside is near the $29,650 level. The next major support is near $29,500, below which the price could gain bearish momentum. In the mentioned case, the price could decline towards the $29,200 support area. Any more losses could lead the price towards the $28,750 level in the short term. Technical indicators: Hourly MACD – The MACD is currently accelerating in the bullish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is currently above the 50 level. Major support levels – $29,650, followed by $29,200. Major resistance levels – $30,100, $30,200 and $30,500. (Data source: Aayush Jindal)

Ethereum price starts a fresh uptrend, if it breaks the $1,940 resistance, the price may rise towards the $1,985 area ETH is forming a low near $1,875 and the price is currently attempting a fresh leg higher. It broke the $1,900 resistance. There was also a break above a key bearish trend line on the hourly chart of ETH/USD. The pair cleared the 50% Fib retracement level of the recent decline from the $1,944 swing high to $1,874 low. Ether is currently trading below $1,914.57 and the 100 hourly simple moving average. On the upside, an immediate resistance is near $1,920. It is close to the 61.8% Fib retracement level of the recent decline from the $1,944 swing high to $1,874 low. The first major resistance is near the $1,940 area, above which the price could rise towards the $1,985 resistance area. The next major resistance is near $2,000. If it rises further, ether could rise to the $2,050 resistance, or even $2,080. If Ethereum fails to break the $1,920 resistance, it could start a fresh decline. An initial support on the downside is around $1,900. The first major support is near $1,875, below which the price could extend its decline. The next major support is near the $1,825 support. Any more losses could open the door for a move towards the $1,780 support in the short term. Technical indicators: Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is currently above the 50 level. Major support level – $1,875 Major Resistance – $1,920 (Data source: Aayush Jindal)

Analyst Prediction: Chainlink Price Could Rise To $8? After a sharp decline, LINK price found support near the $5.0 area against the US Dollar. A low was formed near $5.004 and the price started a fresh increase. Clearly above the $5.10 and $5.50 resistance levels. Moreover, there was a break above a major bearish trend line resistance at $5.80 on the 4-hours chart of the LINK/USD pair. LINK even jumped above $6.0 before the bears emerged. A high was formed near $6.37 and the price is currently consolidating gains. Chainlink price is currently trading above the $6.0255 level and the 100 simple moving average (4-hours). It is also showing positive signs above the 23.6% Fib retracement level of the upward move from the $5.00 swing low to $6.37 high. On the upside, the price is facing resistance near the $6.35 area. The first major resistance is near the $6.50 area. A clear break above $6.50 could start a new leg up towards the $7.20 and $7.25 levels. The next major resistance is near $7.80, above which the price could revisit $8.0. If the price of chainlink fails to break the $6.50 resistance, a downside correction is likely. An initial support on the downside is around $6.05. The next major support is near $5.70, below which the price could test the 61.8% Fibonacci retracement level of the upside move from the $5.00 swing low to $6.37 high at $5.50. Any more losses could lead the price towards the $5.00 level in the short term. Technical indicators: 4 hours MACD – The MACD for LINK/USD is losing momentum in the bullish zone. 4 hours RSI (Relative Strength Index) – The RSI for LINK/USD is currently above the 50 level. Major support levels – $6.05 and $5.70. Major resistance levels – $6.35 and $6.50. (Data source: Aayush Jindal)

Bitcoin price starts a downside correction with major resistance near $30,550 level and trendline Bitcoin price is still above the $29,500 resistance zone. BTC cleared the $30,000 resistance to move further into positive territory. Finally, a break above the $31,000 area. The price tested the $31,500 area. A high was formed near $31,435 and the price is currently correcting lower. The price fell below the $30,500 level. The price is trading below the 50% Fib retracement level of the upward move from the $29,550 swing low to $31,435 high. There is also a connecting bearish trend line forming with resistance near $30,550 on the hourly chart of the BTC/USD pair. The pair is trading near the 76.4% Fib retracement level of the upward move from the $29,550 swing low to $31,435 high. If the price stabilizes above $30,000, a new leg up could start soon. On the upside, the price faces resistance near the $30,400 level and the 100 hourly simple moving average. The first major resistance is near the $30,550 level and the trend line, above which the price could revisit the $31,400 resistance zone. The next major resistance is near $32,000. Any further gains could push the price towards the $32,500 resistance zone. If the price of bitcoin fails to break the $30,550 resistance, it may continue to decline. An immediate support on the downside is around $30,000. The next major support is near $29,550, below which it risks a move towards the $29,200 support. In case of more losses, the price could rise to $28,500 in the short term. Technical indicators: Hourly MACD – The MACD is currently accelerating in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is below the 50 level. Major support levels – $30,000, followed by $29,550. Major resistance levels – $30,400, $30,550 and $31,400. (Data source: Aayush Jindal)

Bitcoin price starts fresh leg below $27,000 level, trades below $26,800 support area and cuts most of gains A low was formed near $26,536 and the price is now consolidating losses. It clearly shows bearish signs below $27,000 and the 100 hourly simple moving average. There is also a major bearish trend line forming with resistance near $27,120 on the hourly chart of the BTC/USD pair. However, the bulls are active around the $26,550 support. Bitcoin price is currently facing resistance near $26,720. It is close to the 23.6% Fib retracement level of the recent decline from the $27,268 swing high to $26,536 low. The next major resistance is near $27,000 and the 100 hourly simple moving average. It is close to the 61.8% Fib retracement level of the recent decline from the $27,268 swing high to $26,536 low. The first major resistance is near the trendline. A close above the $27,120 resistance could ease the selling pressure. The next key resistance is near $27,550, above which the price could start a sharp increase towards the $28,000 resistance. Any more gains could push the price towards the $28,500 level. If the price of bitcoin fails to break the $27,120 resistance, it may continue to decline. An immediate support on the downside is near $26,550. The next major support is near the $26,350 area, below which the price could gain bearish momentum. In said case, it could test the $25,800 level. Any more losses could take Bitcoin to the $25,500 level in the short term. Specifications⬇️ Hourly MACD – The MACD is now gaining pace in the bearish zone. Hourly RSI (Relative Strength Index) – The RSI for BTC/USD is now below the 50 level. Major Support Levels - $26,550, then $26,350. Major resistance levels – $27,000, $27,120 and $27,500. (Data source: Aayush Jindal)