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Bitcoin rebounds above $63K after Trump hints at Iran talks, eyeing $64.7K for rally trigger.

Market News
10 Jul 2026
Blockonomi
View Source
Bullish
pluang ai news

Bitcoin rose above $63,000 with a 1.5% gain following US President Trump's statement that Iran seeks negotiations, easing market fears. The cryptocurrency is closely watched around the $64,700 daily close level, which could spark a significant relief rally if surpassed. Large holders have accumulated 10,000 BTC this month, suggesting an accumulation phase, while blockchain data shows short-term holder losses typical near cycle bottoms. Analysts warn that a close below $61,300 could lead to further declines, but a move above $66,000 would confirm a bullish chart pattern targeting $72,000–$74,000 in the coming weeks.

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