Trader maintains $67K BTC price target: Five things to know in Bitcoin this week

Bitcoin preserved a key long-term trend line as support for a third week as US-Iran war tensions delivered new five-week highs in oil prices.

Bitcoin (BTC) starts the last full week of July holding key support while macro clouds continue to gather.

Key points:

In a familiar move, Bitcoin saw sell-side pressure soon after the weekly close going into Monday morning, with local lows reaching $63,700, data from TradingView confirms.

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