South Korea’s Crypto Ban: A Game Changer for Bitcoin Market Trends?

South Korea has imposed crypto regulation by removing 17 unauthorized foreign exchange apps from the Play Store. This will impact KuCoin, MEXC, Poloniex, and BitMart apps. While the crackdown increases regulatory control, they also witness a demographic shift in crypto investors. More older investors are entering the market, contributing to evolving Bitcoin market trends. With these regulatory changes, analysts are closely monitoring their impact on Bitcoin price prediction.

South Korea’s Crypto Ban Sparks Market Shifts

The government has enforced strict crypto regulation by instructing Google to remove 17 foreign crypto exchange apps. These exchanges include major global players such as KuCoin and BitMart. That was found operating without proper registration. The move aligns with South Korea’s attempts to reduce crypto activities and protect domestic investors from potential risks.

Despite regulatory tightening, South Korea’s cryptocurrency market is experiencing a rise in older investors. The latest data reveals that the number of users on the country’s 5 largest registered exchanges, Upbit, Bithumb, Coinone, Korbit, and Gopax, has surged by 52.6% over the past year. Interestingly, investors in their 50s and 60s are driving this growth with participation increasing by over 56%. This shift indicates that cryptocurrency adoption is expanding beyond younger demographics, reshaping Bitcoin market trends.

Bitcoin Price Prediction of 26th March

The trading day of March 25th started with a bullish trend, but a death cross on the MACD at 1:00 UTC signaled a bearish reversal. Bitcoin’s price dropped to $86,310.24, creating an oversold situation at 3:45 UTC. A golden cross at 4:05 UTC pushed prices upward, but overbought conditions at 9:35 UTC and 9:50 UTC increased selling pressure. Despite bulls attempting to break past resistance, a death cross at 15:20 UTC resulted in a false breakout, bringing Bitcoin back into its trading range. By 17:00 UTC, buyers re-entered, but resistance remained strong. A failed breakout at 19:00 UTC saw sellers regain control, leading to another downward trend at 20:35 UTC. 

Chart 1, analyzed by ShwetaCW, published on TradingView, March 26, 2025

March 26th began with a death cross at 2:00 UTC, causing further bearish pressure. However, oversold conditions at 3:10 UTC and 3:35 UTC provided support at $87,129.5, leading to an upward push. Overbought situations at 6:55 UTC and 7:25 UTC led to another breakout attempt, but a death cross at 8:05 UTC stalled the move. A golden cross at 10:10 UTC pushed Bitcoin higher. According to the Bitcoin Price Prediction, if bullish momentum continues, Bitcoin could target $88,600. A reversal could keep prices within the $87,997.73–$87,029.58 range.

South Korea’s Crypto Ban Sparks BTC Price Actions

South Korea’s crackdown on crypto apps highlights the increasing focus on crypto regulation, which could set a precedent for other countries. Stricter policies may drive market uncertainty, influencing Bitcoin market trends and investor sentiment. If similar measures emerge globally, Bitcoin and altcoins could face short-term volatility. According to the Bitcoin Price Prediction, BTC’s price may react to regulatory fears, with potential fluctuations between $87,029.58 and $88,600. If confidence weakens, a bearish trend could push prices lower. However, strong support and bullish momentum could drive Bitcoin higher, maintaining its dominance in the evolving crypto landscape.