Bitcoin Price Outlook as Trump Hints at Iran Talks, BTC Targets $65K

Bitcoin price moved higher on Friday as improving risk sentiment lifted the wider cryptocurrency market. BTC gained 2.65% in 24 hours, reaching $64,406 and approaching a major resistance zone.

The total crypto market value rose 2.17% to $2.21 trillion during the same period. Institutional confidence and the decline in geopolitical fears led to the revived demand of key digital assets.

Ethereum price also rebounded towards $1,800, and XRP price remained solid at important support. Dogecoin joined the rebound as traders returned to higher-risk assets.

Trump Hints at Iran Talks as Bitcoin Price Rises

US President Donald Trump said Iran had contacted Washington to discuss a possible agreement. His comments reduced fears surrounding escalating tensions in the Middle East.

🚨 Bitcoin, XRP & DOGE Jump as US-Iran Talks Continue#Bitcoin surged above $64K as #XRP and #Dogecoin gained after the US confirmed technical talks with Iran will continue despite rising Middle East tensions.

futures open interest jumped above $47B, signaling renewed crypto… pic.twitter.com/INqGGzjoYb

— CoinGape (@CoinGapeMedia) July 10, 2026

Potential future technical negotiations boosted market expectations and prompted new purchases in cryptocurrencies. Bitcoin rose over $64,000 with traders monitoring the next resistance around $65,000.

The activity in Bitcoin derivatives was reinforced by an increase of 3.83% in trading volume to $51.59 billion in the most recent session. Open interest was up 4% to $48.16 billion with increased capital participation in the futures markets. 

Options volume registered the best increase, with a gain of 27.23% to 2.81 billion. The rises indicate that traders increased exposure as Bitcoin neared a significant resistance zone around the closely monitored $65,000 mark.

Bitcoin Price Outlook: Analyst Watches Key $65K Resistance

Crypto analyst says Bitcoin price has returned to a key resistance area between $64,000 and $65,000.

This chart indicates that the next move can be based on the recovery of $65,000 by buyers with good momentum. Bitcoin price is probing an area that has been restricting upside attempts and induced new selling pressure.

An established breakout beyond this point would reinforce the positive market movement and create an avenue to $68,000, as per the detailed Bitcoin price analysis. This would also facilitate the ongoing recovery of the recent market lows.

$BTC is back into the $64,000-$65,000 resistance zone.

A reclaim of the $65,000 level could push Bitcoin to $68,000.

A rejection from the current resistance level means BTC will likely revisit $62,000 again. pic.twitter.com/ZunXx7V7MJ

— Ted (@TedPillows) July 10, 2026

Nevertheless, the rebound can be diluted by the inability to clear resistance and trigger another pullback. Bitcoin rejection is anticipated by analysts to push the currency back to the support zone of $62,000. The chart also points to intermediate levels around $63,000 and $66,000, which could be used to steer short-term price action. The RSI is close to 64, which reflects more buying power without going overbought. 

In the meantime, the MACD line has broken above the signal line and it indicates that there is a positive momentum. The positive histogram is expanding to show that the buyers are controlling the short-term price movement.