Trump sent his son-in-law to Iran for negotiations! Is Bitcoin heading to 80k or 75k?
Just in, Trump has sent his son-in-law Kushner and envoy Votel to Pakistan for face-to-face talks with Iranian Foreign Minister Zarif this weekend.
This chess game is getting interesting—Vance didn't go because the Iranian counterpart, Qalibaf, didn’t show up. But the White House has stated that if negotiations progress, the Vice President is ready to fly over at any moment.
Back to the market. Bitcoin is slightly fluctuating above $77,000 today; although short-term momentum has weakened a bit, April’s cumulative gain is already at 13.6%.
Non-traders might not get it, but we need to understand one thing: oil prices are positively correlated with geopolitical tensions, and Bitcoin is strongly linked to failed negotiations. Remember the crash on April 12 when talks in Islamabad fell apart? Bitcoin plummeted to around $69,000 overnight, and the crypto market's total cap evaporated by over a hundred billion.
Let’s put it this way: if the talks in Pakistan go well, Bitcoin could shoot for 80k; if they fail, we should first look at the 74,000 support level—double defense from the 100-day moving average and the lower boundary of the upward channel.
Hold onto your spot positions, and don't get reckless with high-leverage contracts. This news can be considered a bullish signal; just keep an eye on the outcome of this weekend's negotiations. Space is limited, and if you want to know exactly how to place your orders and which levels are safest for entry, hit me up at 加入城主聊天室 for details.
#wstETH解锁新流动性通道 #DeFi行业能否从Aave攻击中迅速恢复？
Just in, Trump has sent his son-in-law Kushner and envoy Votel to Pakistan for face-to-face talks with Iranian Foreign Minister Zarif this weekend.
This chess game is getting interesting—Vance didn't go because the Iranian counterpart, Qalibaf, didn’t show up. But the White House has stated that if negotiations progress, the Vice President is ready to fly over at any moment.
Back to the market. Bitcoin is slightly fluctuating above $77,000 today; although short-term momentum has weakened a bit, April’s cumulative gain is already at 13.6%.
Non-traders might not get it, but we need to understand one thing: oil prices are positively correlated with geopolitical tensions, and Bitcoin is strongly linked to failed negotiations. Remember the crash on April 12 when talks in Islamabad fell apart? Bitcoin plummeted to around $69,000 overnight, and the crypto market's total cap evaporated by over a hundred billion.
Let’s put it this way: if the talks in Pakistan go well, Bitcoin could shoot for 80k; if they fail, we should first look at the 74,000 support level—double defense from the 100-day moving average and the lower boundary of the upward channel.
Hold onto your spot positions, and don't get reckless with high-leverage contracts. This news can be considered a bullish signal; just keep an eye on the outcome of this weekend's negotiations. Space is limited, and if you want to know exactly how to place your orders and which levels are safest for entry, hit me up at 加入城主聊天室 for details.
#wstETH解锁新流动性通道 #DeFi行业能否从Aave攻击中迅速恢复？