Recently, the market has been fluctuating, and we can only trade back and forth based on news.

At 2 AM on the 19th, there will be the Federal Reserve's interest rate decision. It's certain that there won't be a rate cut this time, but whether Powell speaks hawkishly or dovishly should have some impact on the short-term market.

However, the main issue remains the war between Iran and Israel, with daily threats of nuclear weapon use; we don't know if that's true or not.

Every time the market shows signs of taking off, a bucket of cold water is thrown on it, making it quite difficult for the bulls.

Currently, focusing on these news events is key for trading. For now, there are no significant positive developments or black swan events, so in the short term, $BTC is still expected to fluctuate widely between $100,000 and $110,000.

If the Iran-Israel conflict continues to escalate, I personally believe that the extreme retracement level for $BTC could reach $95,000, so be cautious.

What we need to do now is wait for the market to completely break out. The war factors are still hard to predict; we just hope for world peace and for the war to end soon, along with the Federal Reserve lowering interest rates to bring the market back.

Once this turmoil ends, $BTC is still expected to reach $130,000 to $150,000 in the long term.

#IranIsraelWar #Trump #BTC #ETH