Bitcoin Slumps Below $65,000 as Gold Bulls Hold Firm Amid Iran-US Tensions

Bitcoin's price slid below $65,000 on Monday as it maintained a mildly bearish bias. The cryptocurrency is capped beneath its 50-day Exponential Moving Average (EMA) at $64,674 and the 200-day EMA at $72,359.

The Relative Strength Index (RSI) around 51 and a slightly positive Moving Average Convergence Divergence (MACD) reading hint at stabilizing, but not yet impulsive, upside momentum. Immediate resistance lies at the 50-day EMA, followed by the 100-day EMA and then the more distant 200-day EMA.

Meanwhile, Gold (XAU/USD) maintained a bullish outlook, hovering above $4,350 after reclaiming its trend metrics. The downward resistance trendline drawn from the $5,602 peak still looms overhead, with its break price at roughly $4,453 acting as the next cap.