#BTC price hieghted early Monday during the asian session to hit $70k resistance zone, before sellers jumped in to push the price to retest the $68K support zone.

#BTC price gained 3.74% after reports that Iran and the United States had received a plan to end hostilities that could take effect immediately and reopen the Strait of Hormuz, citing a source aware of the proposals.

Strategy Adds 4.8K Bitcoin

Strategy added 4,871 Bitcoin, paying an average of roughly $67,718 per coin for a total outlay of about $329.9 million, according to a Monday regulatory filing.

Short Term Gains

A buy at $69k support zone could see buyers pushing the price to $76K resistance zone.

BUY: $69,100

TP: $76,000

SL: $65,000