Bitcoin retests $70K as veteran trader flags ‘ugly’ setup

Bitcoin traded to intraday lows of $70,500 amid key macro and geopolitical-related events. Veteran trader Peter Brandt has highlighted a potential bearish retest of support. The Iran war and inflation concerns tick potential negative catalysts boxes. Bitcoin price flipped lower to trade below $70,500 as sellers showed fresh strength, with BTC down as cryptocurrencies reacted […] The post Bitcoin retests $70K as veteran trader flags ‘ugly’ setup appeared first on CoinJournal.