Donald Trump

Bitcoin

President Donald Trump

Bitcoin (BTC) saw intraday highs after Thursday’s Wall Street open as US stocks rebounded on fresh Iran peace hopes.
Key points:
<ul>
 <li>Bitcoin joins a risk-asset rebound as US President Donald Trump said that Iran "wants to make a deal" after the ceasefire breakdown.</li>
 <li>Crypto short liquidations near $100 million over 24 hours.</li>
 <li>Traders see important BTC price levels coming as soon as the daily close.</li>
</ul>
<h2 id="crypto-stocks-rise-as-trump-teases-new-iran-deal">Crypto, stocks rise as Trump teases new Iran "deal"</h2>
Data from TradingView showed BTC/USD rising back above $63,000, up by nearly 1.5% on the day.<img alt="" height="818" src="https://s3-images.ctmedia.io/media/content/btcusd2026-07-0918-48-00.png" width="1134">
BTC/USD one-hour chart. Source: Cointelegraph/<a href="https://www.tradingview.com/symbols/BTCUSD/" rel="noopener noreferrer nofollow">TradingView</a>
 US stocks were in the green across the board, helping to erase Wednesday’s downside as US President Donald Trump said that the <a href="https://cointelegraph.com/markets/bitcoin-slides-as-iran-ceasefire-collapse-brings-back-hormuz-blockade-threat" rel="noopener noreferrer nofollow">Iran peace deal was “over.”</a>
“They called a little while ago; they want to make a deal so badly,” Trump subsequently said in comments <a href="https://x.com/KobeissiLetter/status/2075041286952738822" rel="noopener noreferrer nofollow">quoted</a> by trading resource The Kobeissi Letter and others.
Crypto markets joined the sense of relief, helping push 24-hour short liquidations to nearly $100 million, per data from <a href="https://www.coinglass.com/liquidations" rel="noopener noreferrer nofollow">CoinGlass</a>.<img alt="" height="466" src="https://s3-images.ctmedia.io/media/content/screenshot-2026-07-09-at-184702.png" width="1346">
BTC/USD vs. crypto liquidations (screenshot). Source: CoinGlass
 Commenting on the latest BTC price setup, trader Killa described their view as “not bearish at all.”
“In my view, we still have a few more months of choppy PA,” an <a href="https://x.com/KillaXBT/status/2075235801378484677" rel="noopener noreferrer nofollow">X post</a> stated, eyeing $68,000 for a potential short entry.<img alt="" height="539" src="https://s3-images.ctmedia.io/media/content/hmy3vqtwaaavznj.png" width="956">
Source: Killa/X
 Fellow trader Jelle saw ongoing strength from bulls, with a support reclaim still possible.
“Looks like bulls aren't giving up on the reclaim just yet,” he <a href="https://x.com/CryptoJelleNL/status/2075218413790834769" rel="noopener noreferrer nofollow">told</a> X followers.&nbsp;
<blockquote>
 “Get back above, and we likely push for 65-70k again. Reject, and sub-60k is back on the menu for $BTC.”
</blockquote><img alt="" height="2460" src="https://s3-images.ctmedia.io/media/content/hmxnxh9wqaa1obe.jpeg" width="3914">
BTC/USD 12-hour chart. Source: Jelle/X
<h2 id="bitcoin-price-needs-a-64-700-daily-close">Bitcoin price needs a $64,700 daily close</h2>
Continuing, trader Daan Crypto Trades emphasized $64,700 for the daily close.
Related: <a href="https://cointelegraph.com/markets/bitcoin-etfs-end-most-overwhelming-sell-off-amid-new-85m-net-outflow" rel="noopener noreferrer nofollow">Bitcoin ETFs end 'most overwhelming' $2.7B sell-off amid new $85M net outflow</a>
“$BTC is ranging $61.3K-$64.7K range and spent this morning climbing back up after yesterday's risk-off flush,” his latest X analysis read.&nbsp;
<blockquote>
 “A daily close above $64.7K flips the story and would make for a larger relief rally across the board. A close under $61.3K opens the road to the lows again and kills the momentum.”
</blockquote><img alt="" height="920" src="https://s3-images.ctmedia.io/media/content/hmxst6hwwaaqwhu.jpeg" width="1340">
BTC/USD one-hour chart. Source: Daan Crypto Trades/X
 As <a href="https://cointelegraph.com/markets/bitcoin-can-fall-below-58k-if-one-of-its-cleanest-metrics-copies-history-analysis" rel="noopener noreferrer nofollow">Cointelegraph reported</a>, opinions on the bear-market bottom being in continue to diverge.
This week, <a href="https://cointelegraph.com/markets/btc-speculators-in-focus-as-analysis-says-textbook-bitcoin-bottom-is-underway" rel="noopener noreferrer nofollow">analysis described</a> a “textbook” bottom formation now underway, while BTC price-cycle comparisons continued to demand a <a href="https://cointelegraph.com/markets/bitcoin-price-falls-on-strategy-btc-sales" rel="noopener noreferrer nofollow">deeper macro floor</a>.

Bitcoin traders reveal key levels as BTC price passes $63K after Trump Iran 'deal' comments

Table of Contents

Cointelegraph

Other articles published on Jul 9, 2026

Umex Gain: Opportunities for Trader Development

How Much Bitcoin Has Saylor's Strategy Sold?

Are Coinbase and OKX Coming for Binance's European Users?

Alfa Bank Ventures into the Crypto Domain

InterLink Seoul Private Mainnet Goes Live

Top Insights from CoinGecko's New TradFi on Crypto Exchange Report

Join our free newsletter for daily crypto updates!