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Bitcoin holds above $62K amid US-Iran talks, eyes $70K if $64K and $66K resistance break

Technical Signals
22 Jun 2026
Crypto Daily
View Source
Bullish
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Bitcoin price maintained a higher low around $62,200 despite geopolitical tensions from US-Iran talks and Strait of Hormuz closures. The price broke down from a bear flag but found support at $63K, with bulls aiming to surpass $64K and $66K resistance levels. If successful, Bitcoin could target $70K next. Technical indicators like RSI and Stochastic RSI suggest cautious optimism, but a decisive move above or below current levels will determine the next trend direction.

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