Macro· ★★★· bearish·

Bitcoin Pulls Back as Iran Risk Grows: Key Support at $81,300

  • —Brent briefly climbed above $106 after Trump rejected Iran's offer
  • —Bitcoin rebounded from $82,760 but remains below $84,000
  • —First support is the former breakout zone at $81,200-$81,400
  • —This week brings PCE on Sept 30, ISM and the jobs report
Why it matters: A prolonged Hormuz standoff could lift inflation expectations and yields, pressuring risk assets including bitcoin.
Source: Coindoo