👑🇺🇸🇮🇷 The US and Iran resume exchanging attacks.
After Iran attacked a vessel in the Strait of Hormuz, the US launched strikes against dozens of Iranian military installations. In response, Iran attacked targets in the region, and both sides have declared that they control the strait—one of the world’s most important oil supply routes. 🗺️🛢️
📊 Consequences for the markets:
➖ Bitcoin — under pressure due to rising geopolitical risks. 📉
➖ Oil — receives support and could continue its rise amid fears of supply disruptions. 🛢️📈
Bitcoin’s price closed this week above the key support level of the 200-day moving average (MA 200), forming a Doji candle. 🕯️📊
This shows that the market is still experiencing uncertainty, but the bullish engulfing candle that formed three weeks ago remains intact. 💪📈
Earlier in this cycle, this same pattern appeared three times, and on each occasion it was followed by a strong rally. 🚀🔥
Two possible scenarios: 👇
1️⃣ Hold $58,000 = breakout toward $67,000, then on to $83,000. 🎯
2️⃣ Lose $58,000 at the weekly close = the next key support would be near $49,000. 📉
This week’s US CPI report (Consumer Price Index), which will be released, will be crucial. 🇺🇸📊
A drop in inflation could help Bitcoin recover, while an increase could pressure its price downward. ⚖️
#BTC #EEUU #iran #guerra #petróleo $CL $BZ $BTC