Bitcoin Falls Below $80,000 as Iranian Official Calls U.S. Hormuz Plan Unrealistic

4 weeks ago 19

Rommie Analytics

Key Takeaways

  • Bitcoin at $79,819 on Binance, down 3.37% from the $82,600 session high.
  • Rezaei, adviser to the late Supreme Leader Khamenei, called U.S. plan “unrealistic”.
  • MA 100 at $80,592 broken; MA 50 at $81,306 now overhead resistance.
  • MA 200 at $78,983 is the only remaining structural support below price.
  • RSI (14) at 30.45, near oversold; signal line at 42.11.

A 14-Point Plan Called Unrealistic

According to WSJ, Mohsen Rezaei, a longtime adviser to the late Supreme Leader Ali Khamenei, stated through Iran’s state broadcaster Press TV that the U.S. cannot reopen the Strait of Hormuz with “an...

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