Markets· ★★★· bearish·

Bitcoin falls for a third straight week as Trump calls off Iran strike

  • —Bitcoin posted a third straight red week, the first since May-June
  • —Oil fell nearly 2% after the US called off the Iran strike
  • —Cowen targets the Bull Market Support Band at $73,000–77,000
  • —Sykodelic sees a bull flag forming on the daily chart
Why it matters: A third straight weekly loss casts doubt on the new uptrend, with the $73,000–77,000 zone now the key support to watch.
Source: Newsbit