Iran Keeps Hormuz Shut as Bitcoin Eyes a Possible $90K Breakout
Bitcoin
bitcoin
Bitcoin price
blockchain
BTC
btc price
Crypto
crypto market
crypto regulation
cryptocurrency
DeFi
Digital Assets
Strait of Hormuz
US-economy
TLDR: Bitcoin price this week could move toward $90,000 if the bull flag breaks higher. A sustained move above resistance remains essential. Iran says Hormuz will remain closed until seven conditions are met. Prolonged shipping disruption could increase inflation pressure. The Coinbase Premium Index is recovering, suggesting renewed US demand. Changing whale orders leave nearby [...]
The post Iran Keeps Hormuz Shut as Bitcoin Eyes a Possible $90K Breakout appeared first on Blockonomi.
Source: Source: Blockonomi