The situation in the Middle East causes a roller coaster for BTC!
This week the crypto market has taken off again! A sneeze over in the Middle East caused Bitcoin to crash directly below the 100,000 mark!
As a result, with a warm breeze of policy, the situation eased, and whoosh! The price instantly turned into a V-shaped rebound! Major funds took the opportunity to buy at the bottom, and managed to keep the coin price above 107,000, peaking at 108,200, and now it's fluctuating sideways—exciting ride, isn't it?
Short-term sentiment is okay, but wanting to start a bull market? Let's first break through the life-and-death line of 109,300! This week Bitcoin fluctuated 10,000 points, those quick-handed brothers probably made a fortune, right?
However, the market is still like a startled bird! Be cautious with weekend operations, high sell and low buy for quick profits, don't get too attached to battles! Keep an eye on U.S. inflation data next week, once that number is released, the crypto market will shake again!
After all, the crypto market is a place where one licks blood off a knife's edge—opportunity and risk fly together! If you don't have the skills, don't follow the crowd blindly, remember: earning money within your understanding and protecting your capital is the way to go!
The market is constantly changing, we are closely monitoring the market, follow + comment, and we will help you seize new entry opportunities.
