BTC to 48,000?
It is not uncommon for the current crisis in the Middle East to have the planet on the brink of an economic and energy collapse; oil prices are rising relentlessly, and the global community is feeling the cost in their pockets.
This translated to the crypto world forecasts a weak future for BTC and its entire family. In this sense, it must demonstrate its value as a refuge and maintain levels of 65,000 to 73,000k. If it loses this support of 65, we could see it between 60 and 48 thousand K.
It is not crazy to think if we see how the fuel crisis begins to translate into scarcity and overpricing, and it is clear that when energy rises, gold and other refuges must release liquidity to pass it to the energy sector, so a BTC above 70k is difficult in this context. Therefore, either sell at the price or endure the blow until the crisis is resolved. In the meantime, trading futures can be interesting if you use risk management.
#war #BinanceSquareTalks
It is not uncommon for the current crisis in the Middle East to have the planet on the brink of an economic and energy collapse; oil prices are rising relentlessly, and the global community is feeling the cost in their pockets.
This translated to the crypto world forecasts a weak future for BTC and its entire family. In this sense, it must demonstrate its value as a refuge and maintain levels of 65,000 to 73,000k. If it loses this support of 65, we could see it between 60 and 48 thousand K.
It is not crazy to think if we see how the fuel crisis begins to translate into scarcity and overpricing, and it is clear that when energy rises, gold and other refuges must release liquidity to pass it to the energy sector, so a BTC above 70k is difficult in this context. Therefore, either sell at the price or endure the blow until the crisis is resolved. In the meantime, trading futures can be interesting if you use risk management.
#war #BinanceSquareTalks