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Bitcoin BTC successfully broke through the $67,000 resistance wall, surging to exceed $69,000 in a decisive price move. This upward momentum follows President Trump's decision to postpone the Iran announcement until Tuesday evening, which significantly eased fear-driven selling pressure across markets. The broader crypto market also saw gains, with Ethereum ETH surpassing the $2,140 level during the Asia trading session. This breakout invalidates the previous short-term declining channel and suggests a potential shift from the weak recovery phase noted by analysts earlier. Selling pressure on the Binance exchange has subsided as market sentiment shifts away from the extreme fear that dominated recently. Traders are now focused on whether Bitcoin can maintain its position above $69,000 to confirm a sustainable trend reversal toward previous highs.
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