Bitcoin price taps $65.5K as Iran deal sees oil drop toward 16-week low Bitcoin sought a breakout toward a potential BTC price target near $70,000 as Iran news sent oil toward its lowest levels since early March.
Bitcoin (BTC) passed $65,000 at Monday’s Wall Street open as exchange order-book liquidity dictated price moves
Key points: – Bitcoin hits a new week-to-date high despite US stocks rolling over at the start of trading. – Traders’ targets include a move toward $70,000 next. – Liquidations are described as “completely insane” as both long and short BTC positions get chopped up. Bitcoin surfs $65,000 as oil eyes new lows Data from TradingView showed BTC/USD hitting $65,555 on Bitstamp — its highest since Wednesday. BTC/USD one-hour chart.