Stocks are pumping Bitcoin bounced from $79.8K Altcoins are recovering Gold and silver are pumping Oil prices are falling The US-Iran war could end soon
$BTC held the $80K support, closing the week down just 2%, while Nasdaq fell 5% and the semiconductor index dropped over 11%.
BTC has now closed above the 50W MA for 5 consecutive weeks despite the US market correction. As long as it holds the 50W MA near $76.1K, the bull run remains intact.
Key levels: - Support: $80K and $76K - Resistance: $84K and $87.5K