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Bitcoin Price Forecast: BTC stalls as mixed ETF flows, renewed US-Iran tensions cap upside

From fxstreet.com

Bitcoin (BTC) recovers slightly, trading above $63,000 on Thursday after facing rejection near the $64,000 resistance zone earlier this week. Mixed spot Exchange Traded Funds (ETFs) flows so far this week reflect cautious institutional positioning, while renewed US-Iran tensions continue to dampen risk appetite, limiting the Crypto King’s upside potential. The fragile US-Iran relationship took a new turn this week, with the US military unleashing a new wave of strikes against Iran in retaliation for Tehran’s attacks on commercial ships in the Strait of Hormuz. Iran responded by continuously targeting US military ... (full story)

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