🚨 WAR, OIL AND $60,000: WILL BITCOIN WITHSTAND THE GEOPOLITICAL BLOW? 📉🌋
Jeff May (COO BTSE) issued a serious warning: if tensions between the USA and Iran escalate, Bitcoin may retreat to the critical mark of $60,000. 🏛️⚖️
Why the market is in danger:
Inflation fuel: Rising oil and gas prices are inflating inflation. This ties the hands of the Fed — forget about rate cuts in such conditions. ⛽🔥
Macro-uncertainty: Fear of escalation kills investor confidence, provoking short-term volatility and a move to cash. 🛑💸
Support levels: Despite the long-term bullish trend, May emphasizes: a protracted conflict will inevitably push the price to key support levels.
Geopolitics is now the main market maker. While infrastructure projects ($LINK , $ZRO ) continue to be built, speculative capital is very sensitive to news about oil and rockets. $60,000 is a real testing zone for our endurance. 🧘♂️🧱🛡️
👇 Do you consider $60k a "bottom" for buying, or do you believe Trump will resolve the situation sooner?
#GoogleStudyOnCryptoSecurityChallenges
#BitmineIncreasesETHStake
#BitcoinPrices $BTC
Jeff May (COO BTSE) issued a serious warning: if tensions between the USA and Iran escalate, Bitcoin may retreat to the critical mark of $60,000. 🏛️⚖️
Why the market is in danger:
Inflation fuel: Rising oil and gas prices are inflating inflation. This ties the hands of the Fed — forget about rate cuts in such conditions. ⛽🔥
Macro-uncertainty: Fear of escalation kills investor confidence, provoking short-term volatility and a move to cash. 🛑💸
Support levels: Despite the long-term bullish trend, May emphasizes: a protracted conflict will inevitably push the price to key support levels.
Geopolitics is now the main market maker. While infrastructure projects ($LINK , $ZRO ) continue to be built, speculative capital is very sensitive to news about oil and rockets. $60,000 is a real testing zone for our endurance. 🧘♂️🧱🛡️
👇 Do you consider $60k a "bottom" for buying, or do you believe Trump will resolve the situation sooner?
#GoogleStudyOnCryptoSecurityChallenges
#BitmineIncreasesETHStake
#BitcoinPrices $BTC