Bitcoin Fails to Hold $82.8K High as US-Iran Tensions Return
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BTC hit a 13‑week high of $82,833 during the Wall Street open but failed to reclaim $83,000 and lost momentum. A reported US‑Iran 14‑point ceasefire briefly lifted crypto sentiment, but Trump’s warning and renewed geopolitical tension erased gains. Traders are focused on support/resistance around $80,100–$78,200 as oil swings and geopolitical risk drive market sentiment and potential downside pressure.
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- Bitcoin failed to reclaim $83,000 after a new $82,833 high as war tensions hit BTC hard.
- A reported US-Iran peace deal briefly lifted BTC before Trump’s warning erased optimism.
- Iranian doubts, oil swings, and $80,100-$78,200 BTC levels kept traders watching moves.
Bitcoin failed to return to $83,000 after US-Iran war tensions took control of crypto market sentiment. Bitcoin lost momentum after reaching a new 13-week high on Wednesday. Traders reacted to conflicting signals around a possible US-Iran peace deal.
Data from TradingView showed Bitcoin reaching a new local peak of $82,833. The move came during Wednesday’s Wall Street open, before the price lost strength.
BTC first rose after reports pointed to a possible 14-point ceasefire deal, including renewed oil traffic through the Strait of Hormuz. The news briefly lifted sentiment as hopes grew that confli…
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