Middle East tensions are rising again after reports that #iranstrikeskuwaitbase . Kuwaiti air defenses reportedly intercepted the missile, but falling debris damaged military equipment and caused minor injuries.
The incident is adding new pressure to already fragile ceasefire talks while markets closely watch the Strait of Hormuz and potential impacts on global energy flows.
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#Bitcoin momentum is weakening in the short term! The main reason for this slowdown appears to be that it’s May, and many companies are continuing to sell $BTC .
In this scenario, even though there’s only one week left in May, the likelihood of seeing a sharp candle is increasing.
If this candle remains a pin bar, we may see another rally!