Alert: $BTC at $67,000 — Resistance $68K, Breakout Target $70K

Bitcoin is holding $67,000 with the decisive level sitting just above.

Key levels:

Current: ~$67,000

Resistance: $68,000

Breakout target: $70,000

What is driving the setup this week:

1. BOJ hiked rates to 1% — BTC went up anyway

Bank of Japan raised its policy rate 25bps to 1%, the highest since 1995. Normally bearish for risk assets. BTC climbed from $65,600 to $66,000 immediately. Why? BOJ simultaneously paused its bond taper through April 2027. Markets read the combination as net neutral to constructive.

2. Iran peace deal signed

US-Iran peace agreement signed yesterday. Formal treaty expected this week. Strait of Hormuz reopening means sustained oil price pressure — giving the Fed more room to sound dovish at the June 18 FOMC press conference.

3. SpaceX risk-on

SpaceX posted a second consecutive 20% session. Risk-on sentiment is elevated across markets even as crypto Fear and Greed stays at 23 (fear territory).

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