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HEYYOLETSGO
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Bitcoin Rebounds to $66,500 as US-Iran Peace Deal Boosts Sentiment
Bitcoin (BTC) has bounced back sharply, trading around $66,500 after dropping to $59,000 earlier this month. The rally is mainly driven by the US-Iran peace agreement, which eased global tensions.
Key Points:
· Price: +11% from June lows
· Ethereum (ETH): Up 11% to $1,850
· Oil prices: Dropped 4%
⚠️ But caution remains:
· ETF outflows: 5 straight weeks of withdrawals (last week: $316M)
· Investors buying put options (expecting price drops)
· Polymarket users give 67% chance Bitcoin tests $55,000 next
Positive sign: Michael Saylor's Strategy bought 1,587 BTC worth 63,000 each.
Next trigger: The Fed meeting this week. Hawkish signals could reverse the rally.#TradebStocks #BTC #BitcoinTops$66K
Bitcoin (BTC) has bounced back sharply, trading around $66,500 after dropping to $59,000 earlier this month. The rally is mainly driven by the US-Iran peace agreement, which eased global tensions.
Key Points:
· Price: +11% from June lows
· Ethereum (ETH): Up 11% to $1,850
· Oil prices: Dropped 4%
⚠️ But caution remains:
· ETF outflows: 5 straight weeks of withdrawals (last week: $316M)
· Investors buying put options (expecting price drops)
· Polymarket users give 67% chance Bitcoin tests $55,000 next
Positive sign: Michael Saylor's Strategy bought 1,587 BTC worth 63,000 each.
Next trigger: The Fed meeting this week. Hawkish signals could reverse the rally.#TradebStocks #BTC #BitcoinTops$66K
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