,$BTC pumped after clearing the lower side liquidity and now is trading above 100k$. Now there are two things First This is market's bull trap to trap long positions and it's gonna go further down after a little pump or Secondly It may be recovering from the impact of war. The chances of first one is higher than the second. Right now market direction is unclear. It will create some fake movements now to trap traders. A good or further bad news can make it's direction clear. Use small position size in these situation and As i said earlier it's good time to do some buying in spot. Don't fall for the traps!
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#ShareYourThoughtOnBTC The world’s largest cryptocurrency has stuck to a trading range of between $103,000 to $108,000 for the past week, especially after the onset of renewed military action between Israel and Iran.
A Bloomberg report said on Thursday that U.S. officials were preparing for a potential strike against Iran in the coming days, although it was unclear whether it would materialize.
Broader crypto prices drifted lower, with hawkish-leaning comments from the Fed also lending pressure.
#CryptoStocks Bitcoin is the world’s most traded cryptocurrency, and represents the largest piece of the crypto market pie. It was the first digital coin and as such, remains the most famous and widely-adopted cryptocurrency in the world. It's the original gangster in whose footsteps all other coins follow. The birth of Bitcoin was the genesis of an entirely new asset class, and a huge step away from traditional, centrally controlled money. Today, many advocates believe Bitcoin will facilitate the next stage for the global financial system, although this — of course — remains to be seen.$BTC #CryptoStocks #BinanceAlphaAlert
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