Bitcoin nears three-week low 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.