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#Bitcoinrebounds
📈 Bitcoin just kissed $65K again – and the trigger might surprise you.
Not a halving. Not a ETF inflow. Not even a Powell pivot.
It was a peace deal.
On June 15, following the US-Iran agreement and reopening of the Strait of Hormuz, Bitcoin rebounded above $65,000, up over 1% in 24h, touching $65,300. Ethereum climbed 1.7%+, while SOL, XRP, and other majors followed.
Wait – geopolitics driving crypto up? Isn't Bitcoin supposed to be "digital gold" that rises on turmoil?
Normally yes. But this time, the risk that eased was oil shock inflation. When the Strait of Hormuz was blocked, energy prices soared, pushing rate hike odds higher. That crushed risk assets – including crypto. Now with supply lines reopening, inflation fears cool, and the market breathes.
In other words: lower oil → lower rate-hike pressure → risk-on returns.
So don't mistake this bounce for a new bull run (yet). It's a relief rally tied directly to macro conditions. The real test? Whether Bitcoin can hold $65K once the oil dust settles.
Key levels to watch:
Support: $63.5K
Resistance: $66.8K (April highs)
Your move?
If you've been waiting for a dip, chasing a peace-deal pump might not be the play. But if macro keeps improving, the setup gets interesting.