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🇮🇷 Iran says it will charge tanker transit tolls in Bitcoin, per the Financial Times.
Bitcoin moving higher on this news.
BTC4,55%
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What’s next for Bitcoin?
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In less than 24 hours, the narrative flipped from “a whole civilization will die tonight” to “the U.S. will work closely with Iran.”
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$BTC
Bart, is that you again?
BTC4,55%
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Trump says any country supplying military weapons to Iran will face a 50% tariff.
Almost certain China will deliver weapons to Iran.
Another tarrif escalation is next?
Can Trump please just take a break.
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Reminder:
FOMC minutes will be released today at 2 PM ET.
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🚨 Iranian drones attack Kuwait following the ceasefire announcement.
Looks like it’s not over yet..
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$BTC is still trading within the $60,000–$75,000 range.
Most people turn bullish at the top and bearish at the bottom, but that’s the wrong approach. You should be thinking the opposite.
Until the range is broken, the strategy remains simple: short the highs and long the lows.
BTC4,55%
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Most people are turning ultra bullish right now.
However, much of the economic damage has already been done.
The global energy crisis won’t be resolved overnight, disruptions remain significant, and inflationary pressures are already building.
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🇺🇸🇮🇷 US and Iran agree to 2-week ceasefire, completely reopening Strait of Hormuz.
Big pump last night for $BTC due to this news, but we're still in the range, nothing significant has been gained.
Currently, we're at the $72,000 resistance level.
We still have an open CME gap at $67,000.
It is very likely that we will return to this level in the near term.
BTC4,55%
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The next 4 hours are expected to be extremely volatile.
Trade cautiously and manage your risk carefully.
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The next for hours are expected to be extremely volatile.
Trade cautiously and manage your risk carefully.
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SOLBTC is pushing higher while $BTC is moving sideways.
Feels like a repeat of last Wednesday.
Be cautious about FOMOing into longs here.
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🚨 Today is a critical day. If a ceasefire isn’t reached within the next 13 hours, the conflict in the Middle East could escalate significantly.
I’m not very optimistic about a deal but in situations like this, anything can happen.
From a trading perspective, be extra cautious, especially with long positions. Make sure you’re using proper risk management, including stop losses.
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CPI data will be released this Friday at 8:30 AM ET.
The forecast is significantly higher than last month, largely due to the ongoing global energy crisis.👀
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$BTC is expected to revisit the CME close at $66,939 soon.
Keep this in mind if you are currently long.
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$BTC moved higher on news of a possible Iran–US ceasefire. I highly doubt we get a deal in the short term. Even if we do, we likely just test the top of the range before moving lower.
We also created a CME gap that needs to be filled around $67,000.
These gaps tend to get filled most of the time within a few days, so if you’re in a long, taking profit here makes sense.
BTC4,55%
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🇺🇸 Jerome Powell says “We don’t have to pay the debt down; we just need to have a primary balance and begin to have the economy actually growing better… It will not end well if we don’t do something fairly soon.”
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🚨 Get your portfolio ready for this week.
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Happy Easter to all who celebrate, wishing you a joyful day! 🌸🐣
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