Bitcoin Preserves Green Weekly Candle as Markets React to US-Iran War
Cointelegraph
Bitcoin maintains a positive weekly trend while navigating geopolitical tensions and key resistance levels near $81,000 amid renewed US-Iran conflict concerns.Summary
Bitcoin has managed to sustain a positive weekly performance despite market volatility triggered by escalating tensions between the US and Iran. Analysts are closely watching a critical resistance level at $81,000, which serves as both a technical "final boss" and the average cost basis for institutional spot Bitcoin ETF buyers. While geopolitical instability threatens risk-asset gains, significant inflows into Bitcoin ETFs and resilient on-chain metrics suggest the market remains in a relatively mild correction phase, with participants awaiting a potential breakout above current moving averages.
(Source：Cointelegraph)