between Iran and the USA truce Although there has been some turmoil in the last few hours, the tension is not escalating for now. Attacks on Lebanon prompted threats of Iranian retaliation. At the time of writing, there is no development that would endanger the ceasefire, but it should not be forgotten that everything will change in a few hours. Crypto prophet Roman Trading said, “We will return to where we started.”
Crypto oracle’s prediction
Bitcoin Today it rose as high as $72,857 and we saw much larger gains in altcoins. Fed minutes will be published shortly. If there was no ceasefire, the minutes to come today and the US inflation report to be announced on Friday would mean much more. About 1 month before Warsh’s arrival Fed It may return to the interest rate reduction route again.
However, an analyst with the pseudonym Roman Trading, who correctly knows a significant part of the big movements in the last 7-8 months, says that “the news-based rise will be temporary.” According to him, BTC is waiting to return to its starting point.
“There is a lot of activity due to a low volume, news-driven movement. Moreover, we are once again leaving the resistance in the higher time frame behind.
I have a saying: “News-related movements return completely to where they started.”
That starting point was 68 thousand.”
Bitcoin (BTC) and NEAR Coin
DaanCrypto recalled recent CME gaps today. BTC Generally, CME moves to GAP when it has the opportunity. The first of this gap, which acts as a magnet for the price, occurred in the middle of the big decline at the beginning of February and is at 84 thousand dollars. The other one is the $67 thousand GAP formed below this weekend.
Let’s see which one Bitcoin will reach first. For now, if the ceasefire is not broken, the above target seems more reasonable. But the fragility of the ceasefire and Trump’s unpredictability should not be underestimated.
Poppe, who has been sharing bullish expectations for BTC for months, said a few days ago that the decline would deepen, and he was wrong again. And now NEAR Coin He says that it will strengthen against BTC and reach the 2 dollar limit with the break that will occur.
“There is so much fundamental growth within the ecosystem and it is strange that this does not automatically resonate with the price of the underlying token.
“This gap is an opportunity that markets will be chasing, and that is why I expect these types of tokens to significantly outperform Bitcoin as soon as Bitcoin continues to move upwards.”
