A while ago, Israel launched air strikes on Iran. As soon as the news broke, financial markets were thrown into turmoil, and the price of Bitcoin also fluctuated sharply. Market expectations were already unstable, and coupled with such sudden geopolitical events, many investors felt uncertain and became extremely cautious in their trading. However, the Bitcoin price did not keep falling, and it has rebounded slightly in the past two days, indicating that there are still people in the market who are optimistic about it and willing to buy at lower prices.
From the perspective of market performance, when the price fell earlier, many people were afraid of continuing losses and hurriedly sold their Bitcoin, causing the price to decline all the way. But as the situation in the Middle East eased slightly, some investors saw an opportunity and began to enter the market again, which pushed the price back up. Moreover, many institutions and large investors had long been interested in Bitcoin. With their strong financial strength, their moves can have a significant impact on prices. Even if the situation in the Middle East remains unstable, from a long-term perspective, they still believe that Bitcoin has investment value, which has supported the price to a certain extent.
Looking at the long term, some of Bitcoin's own characteristics still attract many people. It has a limited quantity, with only 21 million coins in total, and this scarcity makes it a good choice for value preservation in the eyes of many. In addition, it is not completely controlled by any country or institution, and transactions are relatively convenient—these advantages have always existed. As long as there are no major changes in the global economic and technological environment, the long-term value of Bitcoin is still recognized by many.、
Today's BTC trading strategy, I hope it will be helpful to you
BTCUSDT BUY@104500~105500
SL:102500
TP:106500~107000
From the perspective of market performance, when the price fell earlier, many people were afraid of continuing losses and hurriedly sold their Bitcoin, causing the price to decline all the way. But as the situation in the Middle East eased slightly, some investors saw an opportunity and began to enter the market again, which pushed the price back up. Moreover, many institutions and large investors had long been interested in Bitcoin. With their strong financial strength, their moves can have a significant impact on prices. Even if the situation in the Middle East remains unstable, from a long-term perspective, they still believe that Bitcoin has investment value, which has supported the price to a certain extent.
Looking at the long term, some of Bitcoin's own characteristics still attract many people. It has a limited quantity, with only 21 million coins in total, and this scarcity makes it a good choice for value preservation in the eyes of many. In addition, it is not completely controlled by any country or institution, and transactions are relatively convenient—these advantages have always existed. As long as there are no major changes in the global economic and technological environment, the long-term value of Bitcoin is still recognized by many.、
Today's BTC trading strategy, I hope it will be helpful to you
BTCUSDT BUY@104500~105500
SL:102500
TP:106500~107000
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.