$BTC SURGES AS US-IRAN CEASEFIRE EASES GEOPOLITICAL FEARS 🕊️
The market is already pricing in reduced risk premium, and momentum is building with each higher low on the hourly. This ceasefire news just triggered a wave of short liquidations across the board, with over $50 million in Bitcoin shorts wiped out in the last hour.
The key support zone is holding firm, and traders are now looking for confirmation breakouts. The risk-to-reward favors buyers as long as the macro backdrop remains stable. Are you scaling into longs or waiting for a retest?
Not financial advice. Always manage your risk.
#BTC #Ceasefire #RiskOn #CryptoNews
🔥
The market is already pricing in reduced risk premium, and momentum is building with each higher low on the hourly. This ceasefire news just triggered a wave of short liquidations across the board, with over $50 million in Bitcoin shorts wiped out in the last hour.
The key support zone is holding firm, and traders are now looking for confirmation breakouts. The risk-to-reward favors buyers as long as the macro backdrop remains stable. Are you scaling into longs or waiting for a retest?
Not financial advice. Always manage your risk.
#BTC #Ceasefire #RiskOn #CryptoNews
🔥