Summary of the last hours that flipped the markets upside down:
▪️ Iran launched a series of ballistic missiles towards Israel.
▪️ Israel quickly retaliated, confirming that they would respond to the Iranian attack.
▪️ At the peak of the escalation, Trump made surprising statements affirming that the U.S. and Iran are still close to reaching an agreement.
▪️ Trump stated that the recent missile attacks would not affect negotiations and added that Netanyahu would have no choice but to accept the deal as he is the one making the decisions.
These statements caused a swift shift in market sentiment.
🛢️ Oil prices surged as geopolitical tensions continued, stabilizing after the recent statements.
Meanwhile, $BTC chose to focus on the negotiation side rather than military escalation, rising over 5% to reach $64,000.
In just 15 minutes, over $320 million worth of short positions were liquidated, marking one of the fastest Short Squeeze waves the market has seen recently.
Oil is climbing due to risks, while Bitcoin has risen on hopes of reaching an agreement.
The week is still in its early stages, and it appears that the statements coming from Washington, Tehran, and Tel Aviv will be the key factor in determining market direction in the coming days.
$BTC
▪️ Iran launched a series of ballistic missiles towards Israel.
▪️ Israel quickly retaliated, confirming that they would respond to the Iranian attack.
▪️ At the peak of the escalation, Trump made surprising statements affirming that the U.S. and Iran are still close to reaching an agreement.
▪️ Trump stated that the recent missile attacks would not affect negotiations and added that Netanyahu would have no choice but to accept the deal as he is the one making the decisions.
These statements caused a swift shift in market sentiment.
🛢️ Oil prices surged as geopolitical tensions continued, stabilizing after the recent statements.
Meanwhile, $BTC chose to focus on the negotiation side rather than military escalation, rising over 5% to reach $64,000.
In just 15 minutes, over $320 million worth of short positions were liquidated, marking one of the fastest Short Squeeze waves the market has seen recently.
Oil is climbing due to risks, while Bitcoin has risen on hopes of reaching an agreement.
The week is still in its early stages, and it appears that the statements coming from Washington, Tehran, and Tel Aviv will be the key factor in determining market direction in the coming days.
$BTC