Bitcoin moves off lowest levels as worst of weekend fears slip away
Burns Brief
blockade of the Strait of Hormuz goes into effect, reports say Iran is considering the abandonment of uranium enrichment as a way to end the war The news has rattled market participants, with bears looking to push prices lower while bulls attempt to defend key support levels. Watch $BTC for reaction — a decisive move above or below key levels will confirm the next trend.
As the U.S. blockade of the Strait of Hormuz goes into effect, reports say Iran is considering the abandonment of uranium enrichment as a way to end the war.
Key Takeaways
- blockade of the Strait of Hormuz goes into effect, reports say Iran is considering the abandonment of uranium enrichment as a way to end the war