Bitcoin has been consolidating around $63,000 despite broader market declines. But, the double-top pattern and struggle to get back above $70k raises concerns of a correction. Critical support levels, such as the 21-week EMA at $55,200, should be monitored closely in case of a potential correction.
The U.S. Treasury Department’s Office of Foreign Assets Control (OFAC) announced sanctions against six officials associated with the Iranian intelligence agency for attacking critical infrastructure entities in the U.S.…