Bitcoin Whipsaws Around $80K as Iran Strike Hits Risk Assets

Bitcoin swung around $80,000 at Monday’s Wall Street open after news that Iran struck a petroleum facility in the United Arab Emirates. WTI crude rose more than 5% above $105 per barrel, and Brent reached $119 while US stocks came under pressure. QCP Capital said a semi-filled CME futures gap near $84,000 is the key resistance area for buyers. CryptoQuant contributor Crazzyblockk said a daily close above $81,500 would flip that level into support.

BTC0.36%
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