Bitcoin (BTCUSD) is currently trading around $67,983, showing a decline of nearly 2.87% in the latest session. After a strong rejection near the $72,000 resistance zone, the market has witnessed selling pressure, pushing the price back toward the $67K support area.
On the daily timeframe, Bitcoin appears to be moving in a sideways consolidation range between $65,000 and $72,000. Buyers are attempting to defend the lower support levels, while sellers remain active near the upper resistance.
🇮🇷 Iran launches missiles from its underground missile cities without using launch pads or standard equipment. And they are undetectable before launch.
🚨 JUST IN: 🇺🇸🇮🇷 According to reports, the White House official has said that the U.S. Iran could “seize all oil” amid rising tensions in the Middle East. If such a step is taken, global oil markets and geopolitical tensions may further escalate.