Bitcoin surfs SpaceX IPO at $64K as trader warns key BTC price support may crumble

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Bitcoin surfs SpaceX IPO at $64K as trader warns key BTC price support may crumble

60-second summary

Bitcoin is currently trading at $64,000, coinciding with SpaceX's record-breaking IPO and growing hopes of a US-Iran peace deal, which has boosted investor sentiment and market confidence. However, a trader warns that key BTC price support may crumble, leaving the cryptocurrency vulnerable to a potential downturn, casting uncertainty over its short-term prospects.

Bitcoin hit $64,000 as SpaceX launched a record-breaking IPO and US-Iran peace deal hopes continued to grow, but doubts over BTC price support remained.