Bitcoin tipped for $66K top as trader flags 'suspicious' BTC price gains
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Bitcoin pushed for a $64,000 reclaim despite the US-Iran war making a partial comeback and Binance spot sellers keeping up pressure from earlier in the week.
Key facts
Data from TradingView showed BTC/USD hitting local highs of $64,522 on Bitstamp before reversing to trade 0.5% lower on the day
Bitcoin (BTC) returned to $64,000 on Sunday amid concerns over unreliable BTC price strength
Snyder nonetheless saw a potential move to $66,000 as part of the current uptick, predicting an “interesting week” for Bitcoin
Bitcoin pushed for a $64,000 reclaim despite the US-Iran war making a partial comeback and Binance spot sellers keeping up pressure from earlier in the week
Summary
Bitcoin (BTC) returned to $64,000 on Sunday amid concerns over unreliable BTC price strength. Bitcoin brushes off US-Iran tensions despite the Strait of Hormuz being closed. A trader calls BTC price behavior "suspicious" as a result, while targets see maximum upside reaching $66,000. Data from TradingView showed BTC/USD hitting local highs of $64,522 on Bitstamp before reversing to trade 0.5% lower on the day.