Bitcoin nears lowest in three weeks as BTC price targets drop to $41K

Bitcoin grabbed downside liquidity as oil-supply pressure sent BTC price action below $66,500 to its lowest levels since March 9.

Bitcoin (BTC) neared three-week lows into Friday’s Wall Street open amid reports of Iran closing the Strait of Hormuz oil route.

Key points:

Bitcoin reacts badly to fresh oil-supply threats ahead of Friday’s Wall Street open.

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