Bitcoin forms base at $65,000 amid market resilience

Bitcoin may be establishing a support level around $65,000, according to Fidelity's Jurrien Timmer. He notes that strong corporate earnings are helping markets absorb geopolitical shocks, preventing deeper equity selloffs despite ongoing tensions. Timmer observes that markets appear to be pricing in a resolution to geopolitical events, particularly concerning Iran. He views Bitcoin's current technical setup as interesting, with the $65,000 mark acting as solid support, suggesting that most speculative "paper hands" have exited the market, leaving it more stable.