Community Articles

via BeInCrypto · By Ananda Banerjee

Why Trump’s Iran Pledge Lifts Bitcoin Price First, the World Later

BTC

BTC/USDT

$64,889.85

+1.29%

$64,889.85

+1.29%

(24s)

24h Volume

$13,330,737,232.16

24h H/L

$65,025.22 / $63,880.00

Change: $1,145.22 (1.79%)

Long/Short

54.3%

Long: 54.3%Short: 45.7%

Funding Rate

+0.0021%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$64,851.22

▲ 0.29%

Volume (24h): -

Resistance Levels

Resistance 3$70,325.10

Resistance 2$67,055.96

Resistance 1$65,166.97

Price$64,851.22

Support 1$64,505.83

Support 2$63,160.85

Support 3$61,070.61

Pivot (PP):$64,523.48

Trend:Uptrend

RSI (14):54.2

Ananda Banerjee

(07:02 AM UTC)

1 min read

Reviewed byJames Mitchell

0 comments

Bitcoin price sits at $77,808 inside a falling channel that has held since May 6, with a short squeeze quietly building above current price and long-term holders accumulating underneath.

Donald Trump’s May 20 pledge to end the Iran war quickly has already started a small short liquidation cascade in crypto. The mechanics favor Bitcoin moving first, with the broader world catching up later…

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Source

Ananda Banerjee · BeInCrypto

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