BTC back above $95K again?
Bitcoin is again trading above $75,000 as market is reacting positively to Iran-Pakistan ceasefire talk progress.
At the same time equities are also moving higher and oil is slipping before the Wednesday deadline.
But still BTC is not looking fully free yet.
Price is recovering, but market still has pressure from miner selling and negative funding in futures.
Now $76K is the main level to watch.
If BTC breaks and holds above this zone, then bigger move can come and even short squeeze can start.
But if talks fail and BTC loses $74K, then market can again turn weak fast.
So right now BTC is strong, but still sitting at very important area.
BTCUSDT
Trvl
77,785.5
+0.19%