Exchange Ranking
Top Exchanges
24h Volume Ranking
Popularity Ranking
Exchange BTC Balance
Proof of Reserves
Decentralized Exchanges
Funding Rate
Funding Heatmap
Liquidation Data
Max Pain
Long/Short Ratio
Whale L/S Ratio
Binance/Okex/Huobi L/S
Bitfinex Margin L/S
ETF Tracker
Solana ETF
XRP ETF
Hong Kong ETF
Bitcoin Treasuries
Crypto Reversal
Ethereum Reserves
HyperLiquid Wallet Analysis
Hyperliquid Whale Watch
Large Transactions
On-chain Movement
Bitcoin ROI
Stablecoin Market Cap
Options Analysis
News
Articles
Economic Calendar
Features
Wallet
Contract Calculator
Security
Collections
Watchlist
Following
BTC Bitcoin (BTC) hit intraday highs after Wall Street opened on Thursday, as U.S. stocks rebounded on renewed hopes for peace in Iran
Key points:
Bitcoin joined the risk-asset rally after U.S. President Donald Trump said Iran \"wants to reach a deal\" after the ceasefire broke. Liquidation of short positions in cryptocurrency approached $100 million in 24 hours. Traders believe that important bitcoin price levels are coming once the daily close is confirmed.
Cryptocurrencies and stocks rose on Trump hinted at a \"new deal\" with Iran
TradingView data showed that BTC/USD rebounded above US$63,000, up nearly 1.5% on the day. 
BTC/USD One-hour chart. U.S. stocks rose across the board, helping erase Wednesday\'s decline after U.S. President Trump said the Iran peace deal was \"over.\"
\"They just called; they really want to make a deal,\" Trump later said in comments quoted in media outlets such as trading resource The Kobeissi Letter. The cryptocurrency market has also felt the relief, with 24-hour short liquidations pushing up to nearly $100 million, according to CoinGlass. 
BTC/USD and cryptocurrency clearing amount (screenshot).
Commenting on the latest BTC price trend, trader Killa described his view as \"not being bearish at all.\" \"In my opinion, we still have a few months of turbulence,\" he wrote in a post on Platform X, while focusing on $68,000 as a potential entry point for short. 
Source: Killa/X
Another trader, Jelle, believes that bulls are still gaining momentum and support recovery is still possible. \"It looks like the bulls haven\'t given up on regaining ground yet,\" he told Platform X\'s followers. \"If we can get back up, we\'ll probably push it up to 65- 70k again. If rejected, 60k or less will be re-selected as $BTC. \"
BTC/USD 12-hour chart. Source: Jelle/X
Bitcoin prices need to close above US$64,700
Trader Daan Crypto Trades continues to emphasize the need to close above US$64,700 daily. \"$BTC fluctuated in the range of 61.3K-64.7K and gradually recovered this morning after yesterday\'s risk-averse sell-off,\" his latest X analysis wrote. \"A daily close above 64.7K will turn the tables around and could trigger a broader rally. A close below 61.3K reopens the path to lows and stifles momentum. \"
BTC/USD One-hour chart. Source: Daan Crypto Trades/X
As previously reported, views remain divided on whether a bear market bottom has been formed. This week, some analysts believe that a \"textbook-style\" bottom pattern is taking shape, while BTC price cycle comparisons continue to require a deeper macro bottom.
