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Wayne Jones

Bitcoin Holds Above $70,000 as Analysts Highlight Resilience and Eye $70K–$80K Range

Bitcoin traded just over $70,000 after weeks of geopolitical tension involving the U.S., Israel, and Iran, showing a gain of about 4% in the past 24 hours. Analyst Markus Thielen views this resilience as a positive signal that could support a move back into the $70,000 to $80,000 band, with additional support from a deleveraged futures market and growing short interest.