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Is Bitcoin about to break out as Trump-Iran tensions rise?

Is Bitcoin about to break out as Trump-Iran tensions rise?

Bitcoin (BTC) traded near $66,749 at press time, while market activity stayed muted across major digital assets. 

Summary

  • Bitcoin traded near $66,749 as low volatility and weak liquidity kept traders watching for moves.
  • Analyst Michaël van de Poppe said Bitcoin may sweep liquidity before a fast recovery upward.
  • EGRAG CRYPTO said past Bitcoin cycle bottoms often reached the 1.618 Fibonacci zone before rebounding.

The asset was down slightly in the past 24 hours, while seven-day gains stood at 0.81%. Daily trading volume reached $19.67 billion.

That price action came during a period of weak movement in the market. Analysts tracked a narrow range in Bitcoin and…

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