The biggest news in the market at this time is the ongoing talks between America and Iran. As reports are coming in, Trump's "Shock Move" has shocked the whole world. The aversion of the war is directly a big sign for the crypto and gold markets!
Why is it 'Bullish' for us?
* Market Sentiment: Peace news is always good for risk assets like Bitcoin and Altcoins.
* Gold vs Crypto: If gold (XAU) falls, often that money shifts to Bitcoin.
* Volatility: There may be tremendous fluctuations in the market in the next 5 days.
What should we do?
* $BTC: Keep an eye on the $75,000 resistance.
* $STRK & $DOGE: If the market recovers, these coins can bounce back quickly.
* Caution: While trading based on news, make sure to set 'Stop Loss', because news can change anytime!
My Opinion:
This week is going to be a big one for traders. I am watching the market closely right now and I think a 'Short Squeeze' may be coming.
What do you think? Will peace news take BTC to new all-time high? Let us know in the comments! 👇
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