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Market Cap$ 2.29T-2.16%
24h Spot Volume$ 56.10B-15.1%
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Bitcoin Price Prediction: BTC Holds $68,000 As Markets Brace For Hormuz Decision


Bitcoin Price Prediction: BTC Holds $68,000 As Markets Brace For Hormuz Decision

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  • Bitcoin holds firm above $66,000 support despite broad market stress and rising oil prices.
  • Spot netflows flip positive to $73M, signaling early signs of accumulation after days of selling pressure.
  • Trump’s 48-hour ultimatum threatening to hit Iran’s power plants expires Monday evening, with Iran warning of indefinite Hormuz closure in response.

Bitcoin trades at $68,477, up 1%, and is quietly outperforming almost everything right now. Gold is down nine consecutive days to $4,360. Asian equities are falling for a third session and approaching correction territory. Bond yields are rising. Brent crude is at $113, up more than 70% year to date. In that environment, Bitcoin losing 6% on the week while holding above a key support level is not a bad outcome.

Daily Chart: Symmetrical Triangle Holds As Supertrend Stays Bullish

Read The Full Article Bitcoin Price Prediction: BTC Holds $68,000 As Markets Brace For Hormuz Decision On Coin Edition.

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$ 63.47K

-1.18%

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Coins

$ 63.47K

-1.18%

$ 0.00222


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