Bitcoin price-drop speculation spurred by familiar price pattern

BTC and ETH remain stuck in a two-month range as oil prices and Iran tensions weigh on sentiment, while AI and privacy tokens show surprising relative strength. What to know : Bitcoin has been trapped between support at $62,000 and resistance at $75,000 since early February, a pattern that has historically preceded a price breakdown. Despite marketwide apathy, specific sectors like AI (FET, RENDER) and privacy (ZEC, DASH) are gaining, suggesting investors are rotating into niche assets rather than buying across the board. High Brent crude prices at $107 per barrel and escalating rhetoric between the U.S. and Iran are fueling inflation fears, creating a heavy environment for risk assets like crypto.