Bitcoin held strong above $67,000 amid oil surge to $119 on Middle East conflict and inflation fears, with analysts seeing signs of a potential BTC price reversal.
Bitcoin (BTC) displayed strength as it traded above $67,000 on Monday, after producing the first bullish weekly close in seven weeks. Meanwhile, oil prices exploded as the Middle East conflict prompted fears of a major supply shortage.
Key takeaways:
Bitcoin holds firm above $67,000 as oil prices surge to the highest level since 2022.
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