Bitcoin traders reveal key levels as BTC price passes $63K after Trump Iran 'deal' comments
Bitcoin gained new upside targets for the daily close and beyond after US president Donald Trump said that Iran "wants to make a deal."...
Key takeaways
- 1Bitcoin surged past $63,000 following Trump's comments that Iran wants to negotiate a deal, gaining 1.5% intraday.
- 2Crypto short liquidations reached nearly $100 million in 24 hours as risk assets rebounded on peace deal hopes.
- 3Traders identify $64,700 daily close as critical resistance; break above could trigger $65,000-$70,000 rally, failure risks $60,000 retest.
Coins in this story
Why it matters
Geopolitical developments directly impact Bitcoin as a risk asset; Indian retail investors should monitor these macro triggers as they influence crypto volatility and broader market momentum alongside traditional assets.
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