Bitcoin hovers above key support as equities, crypto retreat
Bitcoin and ether fell as escalating Middle East tensions lifted oil and the dollar, though BTC continued to hold above a key bull market level.
Bitcoin may experience further downward pressure as geopolitical tensions continue to impact market sentiment, potentially testing lower support levels. However, if it maintains above the key bull market level, a rebound could occur.
Bitcoin and ether fell as escalating Middle East tensions lifted oil and the dollar, though BTC continued to hold above a key bull market level.
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