Bitcoin is struggling against the "noise" of war and inflation. Despite the blockage in the Strait of Hormuz and the failure of peace talks, the price remains resilient above $70,000.
The good: Whales are absorbing the selling pressure.
The bad: The sentiment of "stagflation" in the U.S. keeps investors cautious.
Key level: If we close the day above $71,500, the bullish structure breathes.
Do you think the support at $70K will hold this week?