Bitcoin reaches 110,000? Middle East conflict erupts, gold is truly appealing, digital gold reveals its true form!
Market Opinion:
This round of rise to 110,000 USD is basically at its peak.
The anticipated 120,000-200,000 USD this time is not going to happen; there will be opportunities next time.
Impact of War:
Israel and Iran are at war, oil prices soar!
Israel accurately eliminates important Iranian figures, causing huge destruction, civilians suffer, and the scene is tragic.
Iran will definitely retaliate, and the chaos in the Middle East is unlikely to stop in the short term, with U.S. intervention.
International turmoil is favorable for gold, but this time Bitcoin has failed to play its role as a safe haven! The national reserve plan is a joke! Eastern countries hoarding gold are making a fortune!
Technical Analysis Highlights:
Bearish Signals: Daily, 3-day death cross confirms a pullback, MACD death cross pointing down, 110,000 top established, medium to long-term pullback begins, breaking below 100,000 is only a matter of time.
Trading Strategy:
Mainly short: Short on rebounds! Around 106,800 is a resistance level/open short point.
If worried, only short, don't bottom fish.
Short-term long can be tried, support is around 100,000.
Short-term Trend: Big drops are difficult, expect fluctuations.
Are you trapped? When to bottom fish? Still the same saying, confused and helpless not knowing what to do, click on the avatar to comment. I need fans and you need reference
