Bitcoin Is Sitting on a Trendline That Has Held Since February – One Iran Headline Could End That
June 1, 2026 · 8:39 AM
Key Takeaways Bitcoin broke a head and shoulders pattern on May 28, opening two downside targets at $66,649 and $62,800 The rising trendline from the February low is the only active support keeping price from reaching those targets Long-term holders added roughly 6% to their positions since the breakdown, suggesting accumulation rather than panic Bitcoin [...] The post Bitcoin Is Sitting on a Trendline That Has Held Since February – One Iran Headline Could End That appeared first on DailyCoin Post.
Read full article at: