1 day ago
7
Key Takeaways:
- Bitcoin touched $74,000 after Trump’s Truth Social post outlining Iran deal terms.
- Currently trading at $73,700, pulling back from the brief $74,000 touch.
- 0.382 Fib sits at $74,155 – just above current price, still unreclaimed.
- SMA100 at $73,060 held as support earlier today before the Trump-driven bounce.
Bitcoin touched $74,000 today after Donald Trump posted what appeared to be the terms of an emerging Iran deal on Truth Social. At the time of writing price has pulled back to $73,700 and is sitting below the psychological $74,000 level, which itself sits just under the 0.382 Fibonacci retracement at $74,155.
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