Nifty pared early gains to close near 24,078 after Iran’s renewed Hormuz closure spooked traders, while Bitcoin holds above ₹62.5 lakh and gold slips on a stronger dollar — your 2 PM markets wrap.
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Bitcoin Trade Idea — July 16, 2026: BTC Tests $65,200 200-Day MA as Fed’s July 28-29 Meeting Looms | Entry, Stop & Targets
Bitcoin trades near $65,244, pressing against the 200-day MA resistance zone ($65,150-$65,200) that has capped price for over a week, with a five-day spot ETF inflow streak and cooling rate-hike odds ahead of the July 28-29 FOMC meeting. Here’s today’s setup with entry, stop and three targets.
