Bitcoin Price Breaks Higher: What The Market Data Says Could Happen Next

4 hours ago

The Bitcoin price is bouncing back strongly amid g

Bitcoin Price Breaks Higher: What The Market Data Says Could Happen Next

Bitcoin Price Breaks Higher: What The Market Data Says Could Happen Next

The Bitcoin price is bouncing back strongly amid growing hopes for a potential shift in the standoff between the US and Iran. So far, BTC has gained roughly 10% in the weekly time frame. This pushed the asset back toward the $76,000 area and briefly marked a nearly one-month high. 

The daily chart shows BTC’s price back above $75,000. Source: BTCUSDT on TradingView.com

Featured image from OpenArt, chart from TradingView.com 

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