Bitcoin Rally Cools After Strait Of Hormuz Relief As Traders Debate Bull Trap

Jun 17, 2026 - 19:30
Bitcoin Rally Cools After Strait Of Hormuz Relief As Traders Debate Bull Trap
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Bitcoin’s early-week push toward $67,000 has left traders weighing whether geopolitical relief around the Strait of Hormuz created a durable risk-on move or simply another bull-trap setup before the Fed decision. TL;DR The source packet says a preliminary US-Iran MoU was announced...

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