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$BTC has held above $70K for over a week and is now testing a key support level
The past few months have been volatile especially with rising tensions between the US, Iran, and Israel
The market took a hit and many are questioning whether the bull run is over or simply paused
In the last few hours alone:
• Israel struck Iran’s South Pars gas facility — the world’s largest gas field
• BlackRock ETF added $139M worth of BTC
• PPI came in hotter than expected (3.4% YoY)
• Jerome Powell held rates and flagged Middle East risks
Uncertainty is high and the next few weeks will likely define the market’s direction
But one thing stands out, BTC is steadily leaving exchanges. That’s typically a bullish signal. Maybe a move might be closer than it seems