Bitcoin price edged higher Wednesday as markets responded to reports that Iran may be seeking a full end to its conflict with Israel rather than a temporary ceasefire.
Bitcoin price held near $70,000 as shifting Iran conflict risks and macro pressure weighed on markets, while derivatives and on-chain data signaled consolidation, not capitulation.
With Bitcoin down 50% from highs and indicators like weekly RSI in oversold territory, Mallers and analysts see the bottom forming — ideal for dollar-cost averaging.
Bitcoin is caught between geopolitical shockwaves and macro uncertainty. Here’s what’s driving the price - and how you can put your market thesis to work on Duelbits Predict.
The Bitcoin price has continued its multi-week correction, dipping below critical psychological and technical levels as traders weigh economic pressures.
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