Bitcoin: Jumps $2000 on Trump Iran Deal Update
Bitcoin jumps $2000 to $77000 after Trump signals Iran deal progress, triggering $250M short liquidations.
SourceAnalysis
Bitcoin jumped $2000 to $77000 after President Trump stated a deal with Iran is close to finalization, wiping out over $250M in shorts within hours.
Price action on the 4h chart shows BTC holding above the EMA50 at $77242.17 and EMA200 at $77302.19 in a bullish structure, with the MACD golden cross confirming momentum despite neutral RSI at 55.63; the move pushes toward upper Bollinger resistance at $78301.36 while lower support sits at $74671.01, suggesting continuation if geopolitical headlines sustain buying pressure seen in prior 12-month risk-on episodes.
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