Bitcoin Rises on US-Iran Deal Signal Expected to Unfold in 48 Hours

2 hours ago 2

Rommie Analytics

Key Takeaways:

  • BTC at $81,980, spiked from $81,600 at 08:50 UTC Axios report
  • White House believes close to Iran MOU, not yet agreed
  • Iran expected to respond on key points within 48 hours
  • Nothing agreed – possibility of renewed war or extended limbo remains
  • $82,000 psychological resistance: $20 above current price
  • 50-MA: $81,473, all three MAs clustered as floor below price
  • RSI: 62.33, building momentum, not overbought

The News and the Chart

At 08:50 UTC on May 6, Axios reported that the White House believes it is getting close to a memorandum of understanding with Iran to end the war and set a framework for nuclear negotiations. Two US officials and two other sources briefed on the issue confirmed the development. Nothing has been agreed yet. The sources described this as...

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