Bitcoin traders reveal key levels as BTC price passes $63K after Trump Iran 'deal' comments
Bitcoin rose back above $63,000 after the Thursday Wall Street open as US stocks recovered on renewed hopes for an Iran peace deal. BTC/USD gained about 1.5% on the day, while crypto markets also benefited from risk-on sentiment that triggered nearly $100 million in 24-hour short liquidations. Traders remained constructive but cautious. One view described Bitcoin as “not bearish at all,” with choppy price action likely for several months and $68,000 seen as a possible short-entry area. Another noted bulls still trying to reclaim key resistance, saying a move back above it could send BTC toward $65,000–$70,000, while failure could bring a return below $60,000. A key level to watch is $64,700: a daily close above it would support a larger relief rally, while a close below $61,300 would weaken momentum and reopen downside toward recent lows.
