Bitcoin Watch: All Eyes On $86,000—What Could Fuel The Next Bullish Breakout

2 hours ago

Bitcoin (BTC) pushed higher on Wednesday, extendin

Bitcoin Watch: All Eyes On ,000—What Could Fuel The Next Bullish Breakout

Bitcoin Watch: All Eyes On $86,000—What Could Fuel The Next Bullish Breakout

Bitcoin (BTC) pushed higher on Wednesday, extending its recovery rally to levels not seen since late January. The price rose to just under 5% above the $79,000 mark after President Trump announced he would extend a ceasefire with Iran. 

The daily chart shows BTC’s rally to $79,000 on Wednesday. Source: BTCUSDT on TradingView.com

Featured image from OpenArt, chart from TradingView.com 

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