1 hour ago
1
Key Takeaways:
- BTC dropped to $72,960, down 0.67% on the day and 5% for the week.
- Price broke below the 100 SMA at $73,225, which held for four consecutive days.
- RSI at 34.49, pressing toward oversold levels last seen during the February crash.
- US and Iran exchanged military strikes over the weekend near the Strait of Hormuz.
- 0.5 Fib at $71,382 is the next floor if the 100 SMA cannot be reclaimed.
Bitcoin is trading at $72,960, below the 100 SMA at $73,225. Looking at the past week, price dipped beneath this level on several occasions but recovered above it each time, with buyers stepping in before any daily...
English (US)