The Market Pulse Tonight
The "Crypto King" is back. After a week of geopolitical tension that sent Bitcoin wicking down to $65,000, the market has seen a massive "V-shaped" recovery. Following President Trump's comments that the conflict in the Middle East could end "very soon," oil prices plummeted over 7%, easing the global inflation fears that were choking risk assets. Bitcoin responded as the ultimate "liquidity thermometer," surging back above the $70,000 psychological level with strong volume.
Immediate Resistance: $72,700—a daily close above this level could clear the path toward $75,000.
Support Floor: $68,400—bulls must defend this to maintain the recovery momentum.