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The post After Breaking a Key Resistance, Bitcoin (BTC) Price Could Be Entering a Short Squeeze—Can It Rally Above $70,000? appeared first on Coinpedia Fintech News
Bitcoin extended its recovery to $65,596 with a rise of 1.5% after reclaiming the $64,400 local resistance, following the announcement of a US-Iran peace deal. The easing of geopolitical tensions triggered fresh liquidity across risk assets, allowing the Bitcoin price to climb above $65,500 and shifting the short-term market structure back in favor of the …
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