After reaching the resistance level of $72,000-$74,000 , the price of #Bitcoin was dumped by about 15% and easily broke the dynamic support .
Bitcoin dropped below $62,000 over the weekend as geopolitical tension shook the markets. However, tension seems to have subsided, and this conflict will not escalate further as the U.S. has ruled out joining an Israeli counter-attack on Iran, according to Al-Jazeera.
The support level of $60,600-$61,500 is very important.
