$BTC Bitcoin Hits $64,000 – Up 1.2% in 24 Hours!
BTC has been on a rollercoaster ride this week – briefly dipping to around $61,850 amid escalating US-Iran tensions, before quickly recovering to post a ~4% weekly gain.
This rebound isn't driven by crypto-native narratives – the US dollar weakening for the third consecutive week is the key macro catalyst. Meanwhile, a rally in Asian semiconductor stocks (like SK Hynix) has also boosted risk appetite.
**$65,000 is the key short-term resistance level** – a decisive breakout could open the path to $67,000, according to analysts. Support sits around $61,000. Progress in US-Iran negotiations remains the wildcard, with a temporary ceasefire easing safe-haven demand.
Near-term bias leans bullish, but watch for potential volatility from thinning weekend liquidity.
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