Bitcoin price reclaims $65K as peace trade lifts risk assets

Bitcoin price climbed back above $65,000 on July 27 as the pause in US-Iran strikes drove oil lower and restored demand for risk assets. Summary Bitcoin traded at $65,386, recovering from a daily low of $64,892. 4-hour RSI reached 58.64, while a bullish MACD crossover supported the rebound. $67,181 remains the key resistance, with major downside liquidity concentrated near $63,000-$63,500. Bitcoin price rises as US-Iran strikes pause Bitcoin was trading at $65,386 at the time of the July 27 chart, nearly unchanged for the day after moving between $64,892 and $65,744. The latest advance extended its recovery from the July 25 low near $63,700. The immediate catalyst came from the Middle East, where the United States and Iran refrained from attacking each other for a third consecutive day. Regional mediators reported progress toward an interim ceasefire, although Washington and Tehran had not resumed direct negotiations. AP reported that Iran and Oman were also discussing how to manage shipping through the Strait of Hormuz. Oil prices fell sharply as the pause reduced fears of a prolonged supply disruption. Brent crude dropped 6.5% to $90.45, while the weaker oil outlook supported sto...