Bitcoin: Hits $65,400 on US-Iran Peace Deal
Bitcoin surges $1,400 to $65,400 after US-Iran peace deal announcement as $130 million shorts liquidated.
SourceAnalysis
Bitcoin surged $1,400 in thirty minutes to a high of $65,400 following the US-Iran peace deal announcement, triggering $130 million in short liquidations.
Price now sits at $65222.06 and tests upper Bollinger resistance at $64969.99 while the 50-EMA at $63924.4 provides concrete support and the MACD golden cross at 432.44 keeps the bullish structure intact with RSI at 64.74 remaining neutral; this confluence points to a likely continuation once volatility exhausts rather than an immediate reversal.
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