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BTC/USD: Double-Top Points to a Pullback

From dailyforex.com

Bitcoin price retreated below the important support level at $105,000 as the crisis in the Middle East escalated. The BTC/USD pair retreated to a low of 104,000, down by 6.60% from its highest point this year. Geopolitical Risks Rise The BTC/USD exchange rate retreated as investors remained concerned about the situation in the Middle East, where the situation between Iran and Israel has escalated. Donald Trump left the G7 meeting earlier and moved back to the White House, where he chaired the national security council meeting. He also warned that he wanted Iran to surrender and that he was open to eliminating Iran’s ... (full story)

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  • Category: Technical Analysis