Today, one of the last negotiation talks before Trump’s deadline is being held. That’s why it took longer than before. Trump unequivocally demands that both nuclear and ballistic missiles be stopped. For an agreement in which Trump can declare victory, it must be included in the agreement that work on these has been stopped. BTC turned down again in the evening because Iran negotiations are not going well.
Iran Negotiations Latest Situation
Trump last year of Iran launched a major attack on nuclear centers. But this week’s intelligence briefing and Trump’s harsh language suggest that last year’s attack was not all that successful. Trump, who has given a deadline of March 6, wants the agreement to be signed within a week at the latest. There has been no official statement from the US side yet, but sources say that the talks are not going that well.
Unlike previous negotiation sessions, there are 2 sessions today and the first lasted 3 hours. Considering that the previous negotiation session ended in less than 1 hour, it is clear that we have come to an end.
Many statements and news have been shared in the last hour. U.S. Representative FallonIranian He expressed his open support for a possible attack, saying, “If the regime does not stop uranium enrichment and state support for terrorism, all options are on the table.” Tasnim recently announced that negotiations in Geneva have restarted.
i24NEWS wrote this about the military shipment;
“Following the earlier arrival of F-22 and F-35 fighter jets and cargo planes, six additional US refueling tankers are en route to Israel’s Ben Gurion Airport as part of efforts to expand the US military presence in the Middle East.”
Fox reports increased activity in the area;
“Several U.S. officials told Fox News that the U.S. Navy 5th Fleet headquarters in Bahrain had been reduced to mission-required personnel (fewer than 100 personnel remained) ahead of possible attacks on Iran. Prior to Operation Midnight Hammer in June, the 5th Fleet headquarters was similarly evacuated.”
Iran had announced that it would target all US bases in the region. According to the latest information, the vehicles of the US delegation are leaving the meeting area. The coming hours are critical.
“Witkoff and Kushner were disappointed in what they heard from the Iranian side during the morning talks.” (Axios)
Bitcoin (BTC)
USA on Friday PPI data It is important for the future and the course of inflation. Oman has just announced that the negotiation day has ended and announced that the talks will continue shortly. Next week is indicated for technical level talks. The talks will be in Vienna. Next week will be a decision week, so at the end of the week in cryptocurrencies Volatility is likely to continue.
Now let’s look at what we have;
- A 30bp decrease is expected for PPI, and if there is a smaller decrease, inflation concerns will appear again on Friday. Moreover, the first interest rate cut has been postponed until July. Negative for Bitcoin.
- We learned that the US side is not satisfied with today’s talks. But Oman speaks of “significant progress”. The official US statement coming within a few hours will clear up this contradiction. It is neutral for Bitcoin for now, but the situation will change depending on the statement.
- The Iranian side does not view Trump’s request to give up nuclear power positively. Negative for Bitcoin.
- BTC cannot reclaim $ 70 thousand, which shows that the downtrend continues in the short term.
In summary, new lows are possible in the coming days.
