Community Articles

via BeInCrypto · By Ananda Banerjee

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

BTC

BTC/USDT

$79,982.01

+0.46%

$79,982.01

+0.46%

(24s)

24h Volume

$7,080,991,174.14

24h H/L

$80,200.00 / $79,545.96

Change: $654.04 (0.82%)

Long/Short

53.1%

Long: 53.1%Short: 46.9%

Funding Rate

+0.0026%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$79,977.99

▲ 0.18%

Volume (24h): -

Resistance Levels

Resistance 3$88,315.23

Resistance 2$82,260.41

Resistance 1$80,157.58

Price$79,977.99

Support 1$79,635.96

Support 2$77,509.46

Support 3$73,033.65

Pivot (PP):$79,824.58

Trend:Sideways

RSI (14):67.1

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…

Add COINOTAG as a Preferred Source

Add COINOTAG to your preferred sources in Google News and Search to see our coverage first.

Add on Google

Source

Ananda Banerjee · BeInCrypto

Read original →

Live BTC price →More BTC news →

Comments