By Jordan Lyanchev Bitcoin failed at over $71,000 once again yesterday after the latest volatile session prompted by the developments in the Middle East, and now struggles below $70,000. Most larger-cap alts have posted minor gains on a daily scale. ETH has managed to defend the $2,000 level, while HYPE has jumped to $37 after […]
Tag: Iran
By Wayne Jones Fundstrat’s Tom Lee has said that Bitcoin passed a major test after it rallied over the weekend while oil prices surged due to the ongoing conflict in the Middle East. According to him, the price action was a sign that the massive deleveraging from last October is finally behind the market, allowing […]
By Afe Funbi Key highlights: Bitcoin reclaims $70,000 as US-Iran tensions subside, enticing investors to buy more of the cryptocurrency. Analyst identifies two bearish order blocks acting as resistance, ranging from $75,000–$79,000. Daily structure remains bearish until BTC clears $97,000-$98,000 change of character level Bitcoin survived. After a series of geopolitical nerves and market uncertainty, […]