US-Iran War Drives Bitcoin to Near $70,000 for the First Time Since April

BTC

BTC/USDT

$62,998.75

-0.06%

$62,998.75

-0.06%

(24s)

24h Volume

$2,188,723,969.96

24h H/L

$63,175.00 / $62,946.58

Change: $228.42 (0.36%)

Long/Short

68.0%

Long: 68.0%Short: 32.0%

Funding Rate

+0.0033%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$62,987.62

▼ -0.16%

Volume (24h): -

Resistance Levels

Resistance 3$64,507.45

Resistance 2$63,879.31

Resistance 1$63,135.87

Price$62,987.62

Support 1$62,882.63

Support 2$61,354.99

Support 3$57,800.19

Pivot (PP):$63,064.66

Trend:Downtrend

RSI (14):42.5

Cointelegraph Staff

(05:48 PM UTC)

1 min read

Bitcoin (BTC) hit new seven-week lows on Monday amid a collapsing peace deal between the US and Iran.

Key points:

Bitcoin falls quickly as it appears that Iran is withdrawing from peace negotiations.
Oil spikes while stocks avoid volatility, but not even solid US PMI data can save BTC price action.
Analysis warns that Bitcoin may bring back its old 2024 peak as new resistance.