š„LAST IMPORTANTš„
MUCH IS HAPPENING BEHIND THE SCENES: THE CRYPTO MARKET ADDED +$300,000,000,000 SINCE THE WAR BEGAN
On the other hand, in the last 2 hours, $700B was ADDED to the U.S. STOCK MARKET.
Is this pace SUSTAINABLE?
š¢In the last 24 hours, over $470M was eliminated from leveraged traders betting against the #cryptocurrency market.
ā«ļøInvestors are pricing in a DE-ESCALATION of the conflict between the U.S. and Iran.
ā«ļøThis comes after Iran reportedly contacted the U.S. to reach an agreement.
ā«ļøMeanwhile, the WHITE HOUSE states: "Putting ground troops in Iran IS NOT PART OF THE PLAN"... Something quite positive according to experts.
šBut despite the market pricing in a potential agreement, not everything seems so clear and it could hit a wall:
š»In recent hours, the Israeli Air Force resumed massive bombings over the Iranian capital, targeting government infrastructures and command centers.
š»It was confirmed that a U.S. submarine sank an Iranian warship in the Indian Ocean. This is the first time the U.S. has attacked Iranian forces outside the Gulf.
š»Tehran responded by attacking the U.S. Consulate in Dubai and bases in Kuwait and Qatar.
š»Donald Trump threatened to break trade relations with Spain after Pedro SĆ”nchez's government categorically denied that it would cooperate militarily in the offensive.
š»Hezbollah launched a wave of drones against the Ramat David airbase in Israel. In response, Israel is heavily bombing the southern suburbs of Beirut.
š»Turkey claims that NATO shot down an Iranian missile heading towards the country (NATO's first intervention).
šIn summary, there are 2 options:
šThe market correctly priced in a de-escalation of the situation and soon we stop seeing such events.
šOr the market hits a wall as conflicts CONTINUE TO ESCALATE. #USIranWarEscalation #BTC