Bitcoin price eyes $66.5K as Qatar pushes US-Iran talks

Bitcoin price rebounded above $64,000 as Qatar reported progress in efforts to restart US-Iran negotiations, while technical charts pointed to a possible breakout from a descending channel.

Bitcoin price rebounded above $64,000 as Qatar reported progress in efforts to restart US-Iran negotiations, while technical charts pointed to a possible breakout from a descending channel.

Momentum has also improved. The daily Relative Strength Index stood at 50.30, moving slightly above its signal line at 49.94. The reading places Bitcoin in neutral territory and suggests neither buyers nor sellers have full control.