{"id":34738,"date":"2026-07-17T09:38:09","date_gmt":"2026-07-17T09:38:09","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoin-price-falls-below-63k-as-fresh-u-s-iran-strikes-hit-markets\/"},"modified":"2026-07-17T09:38:25","modified_gmt":"2026-07-17T09:38:25","slug":"bitcoin-price-falls-below-63k-as-fresh-u-s-iran-strikes-hit-markets","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitcoin-price-falls-below-63k-as-fresh-u-s-iran-strikes-hit-markets\/","title":{"rendered":"Bitcoin price falls below $63K as fresh U.S.-Iran strikes hit markets"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">Bitcoin slipped below $63,000 on Friday as renewed U.S. military action against Iran added to a broader retreat from risk assets.\u00a0<\/p>\n<div id=\"cn-block-summary-block_126f6592d4323ab5e2913b8e34621b98\" class=\"cn-block-summary\">\n<div class=\"cn-block-summary__nav tabs\">\n        <span class=\"tabs__item is-selected\">Summary<\/span>\n    <\/div>\n<div class=\"cn-block-summary__content\">\n<ul class=\"wp-block-list\">\n<li>Bitcoin fell below $63,000 as renewed U.S.-Iran fighting and wider risk-off sentiment pressured markets Friday.<\/li>\n<li>U.S. spot Bitcoin ETFs added $79.15 million Thursday, providing limited support during renewed geopolitical selling.<\/li>\n<li>Technical levels place $65,000 as resistance while losing $62,200 could expose Bitcoin\u2019s lower trading range.<\/li>\n<\/ul><\/div>\n<\/div>\n<p><!-- .cn-block-summary --><\/p>\n<p>According to crypto.news market data, BTC traded near $62,777, down 2.19% over 24 hours, after moving between $62,705 and $64,753.<\/p>\n<p>The decline extended BTC\u2019s pullback after sellers rejected prices near $65,000 earlier in the week. Asian equity markets also fell sharply on Friday, although a major selloff in technology and semiconductor stocks was a central driver of the broader market weakness. The MSCI Asia-Pacific index dropped 2.7%, while Japan and Taiwan recorded heavier losses.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<p>Meanwhile, geopolitical pressure increased after the U.S. carried out another wave of strikes against Iran. The latest <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/CENTCOM\/status\/2077932932400865598?s=20\" target=\"_blank\" rel=\"nofollow\">attacks targeted<\/a> infrastructure and military-linked sites in southern Iran, including bridges and facilities near key ports. Iran also continued retaliatory attacks across parts of the Gulf region.<\/p>\n<p>Fresh tension between Washington and Beijing added another source of uncertainty. President Donald Trump released intelligence and alleged Chinese interference connected to the 2020 U.S. election.\u00a0<\/p>\n<p>China denied the allegations, while previous U.S. intelligence assessments found no evidence that Beijing changed the election result. Markets are also watching whether the dispute affects Trump\u2019s planned September meeting with Chinese President Xi Jinping.<\/p>\n<h2 class=\"wp-block-heading\"><strong>Bitcoin traders watch $62,200 support and $65,000 resistance<\/strong><\/h2>\n<p>Despite the latest decline, institutional flows offered some support. According to the SoSoValue figures <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/t.co\/RKnBmYfPsa\" target=\"_blank\" rel=\"nofollow\">provided<\/a> for the July 16 session, U.S. spot Bitcoin ETFs recorded $79.15 million in net inflows, led by BlackRock\u2019s IBIT with $33.44 million.<\/p>\n<figure class=\"wp-block-image size-large\"><figcaption class=\"wp-element-caption\">Source: SoSoValue<\/figcaption><\/figure>\n<p>The inflows follow a period of uneven institutional demand. Bitcoin recently faced pressure from rising oil prices and renewed U.S.-Iran tensions while traders watched support around $62,000. That analysis identified resistance between roughly $63,100 and $64,700.<\/p>\n<p>The latest technical setup remains mixed. The chart data provided for this report showed BTC below its nine-day simple moving average near $63,765, while the relative strength index stood at 47.74. That places momentum slightly below neutral without showing deeply oversold conditions.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"627\" src=\"https:\/\/bitunikey.com\/news\/wp-content\/uploads\/2026\/07\/1784281089_415_Bitcoin-price-falls-below-63K-as-fresh-US-Iran-strikes-hit.webp.webp\" alt=\"Bitcoin (BTC) price chart, source: crypto.news\" class=\"wp-image-14473397\"  ><figcaption class=\"wp-element-caption\">Bitcoin (BTC) price chart, source: crypto.news<\/figcaption><\/figure>\n<p>Bitcoin has also remained inside the broader $60,000\u2013$65,000 range for more than a month. A sustained recovery above $64,000 and $65,000 would improve the short-term structure. However, another rejection from that area could keep the cryptocurrency locked inside its current consolidation range.<\/p>\n<h3 class=\"wp-block-heading\"><strong>Analysts highlight key resistance and support levels<\/strong><\/h3>\n<p>Crypto analyst Micha\u00ebl van de Poppe said BTC\u2019s broader setup remains constructive despite the latest correction. In his view, a clear breakthrough above $65,000 could open the way for stronger upside momentum.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Nothing changed on <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a>. <\/p>\n<p>It&#8217;s looking great for upside momentum from here, even despite the recent correction.<\/p>\n<p>Clear breakthrough above $65K, and we&#8217;re still going to see a strong run. <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/tT6YAakMsI\">pic.twitter.com\/tT6YAakMsI<\/a><\/p>\n<p>\u2014 Micha\u00ebl van de Poppe (@CryptoMichNL) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/CryptoMichNL\/status\/2077875421434220828?ref_src=twsrc%5Etfw\">July 16, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>Meanwhile, Ardi <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/ArdiNSC\/status\/2077781531859308562?s=20\" target=\"_blank\" rel=\"nofollow\">identified<\/a> the $63,300\u2013$63,800 region as an important trendline area and placed horizontal support near $62,200. He warned that losing both areas could signal that the current relief rally has ended.<\/p>\n<p>Ali Charts offered a longer-term view based on Bitcoin\u2019s previous market cycles. He noted that BTC has historically formed major bottoms about 12 months after major market peaks. If that pattern repeats, he said the next major bottom could emerge around October. However, historical cycles do not guarantee that Bitcoin will follow the same timeline again.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-x wp-block-embed-x\">\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Historically, Bitcoin <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> has bottomed roughly 12 months after each major market top.<\/p>\n<p>If that pattern holds, the next market bottom could form around October. <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/t.co\/8oHc0jaUzs\">pic.twitter.com\/8oHc0jaUzs<\/a><\/p>\n<p>\u2014 Ali Charts (@alicharts) <a rel=\"nofollow\" target=\"_blank\" rel=\"nofollow\" href=\"https:\/\/x.com\/alicharts\/status\/2077934812816404892?ref_src=twsrc%5Etfw\">July 17, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n<p>In addition, Crypflow also <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/_Crypflow_\/status\/2077848098286526673?s=20\" target=\"_blank\" rel=\"nofollow\">pointed<\/a> to Bitcoin\u2019s two-week MACD as a potential confirmation signal. The analyst noted that during the 2018 and 2022 bear markets, BTC had already reached its cycle bottom before the two-week MACD produced a bullish crossover. Based on that pattern, a future crossover could confirm an existing bottom rather than identify it in advance.<\/p>\n<p>The asset is also moving through a large options settlement. As crypto.news reported earlier Friday, around $1.2 billion in BTC options expired with maximum pain near $63,000. The expiry came as Bitcoin remained inside the $60,000\u2013$65,000 range that has contained price action for more than a month.<\/p>\n<div class=\"cn-block-disclaimer\">\n<div class=\"cn-block-disclaimer__icon\">\n            <svg class=\"icon icon-info\" aria-hidden=\"true\"><use xlink:href=\"#icon-info\"><\/use> <\/svg>        <\/div>\n<p class=\"cn-block-disclaimer__content\">\n            Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.        <\/p>\n<\/p><\/div>\n<p><!-- .cn-block-disclaimer --><\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin slipped below $63,000 on Friday as renewed U.S. military action against Iran added to a broader retreat from risk assets.\u00a0 Summary Bitcoin fell below $63,000 as renewed U.S.-Iran fighting&hellip;<\/p>\n","protected":false},"author":1,"featured_media":34052,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-34738","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/34738","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=34738"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/34738\/revisions"}],"predecessor-version":[{"id":34739,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/34738\/revisions\/34739"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/34052"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=34738"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=34738"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=34738"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}