Tensions Escalate in the Strait of Hormuz! US & Iran Exchange Strikes, Will Crypto Become a "Safe Haven"? 🚨🚢
The market is currently in a "Shock" phase. If oil prices spike sharply, global inflation will once again become a threat, typically causing investors to pull back from risky assets. However, Bitcoin is often seen as "Digital Gold" in wartime conditions. This narrative battle has caused BTC prices to swing wildly in the $78,000 - $79,000 range after touching an ATH of $80,600.
Shakeout Detected: Watch for a sharp drop with massive volume, but the price quickly rebounds (long wick below). In VSA, this is a sign of Smart Money taking advantage of the panic from war news to scoop up cheap goods.
High Volume at Resistance: Be cautious if the price attempts to rise again towards $80,976 with very high volume but fails to break through the peak. This is a sign of "Supply" from big players cashing in on false positive peace news.$BTC
$ETH
$XRP
Drop your opinions in the comments! 👇
#VSAAnalysis #CryptoMarketUpdate
#BagikanPendapatAndaTentangBTC #USAndIranTradeShotInTheStraitOfHormuz
The market is currently in a "Shock" phase. If oil prices spike sharply, global inflation will once again become a threat, typically causing investors to pull back from risky assets. However, Bitcoin is often seen as "Digital Gold" in wartime conditions. This narrative battle has caused BTC prices to swing wildly in the $78,000 - $79,000 range after touching an ATH of $80,600.
Shakeout Detected: Watch for a sharp drop with massive volume, but the price quickly rebounds (long wick below). In VSA, this is a sign of Smart Money taking advantage of the panic from war news to scoop up cheap goods.
High Volume at Resistance: Be cautious if the price attempts to rise again towards $80,976 with very high volume but fails to break through the peak. This is a sign of "Supply" from big players cashing in on false positive peace news.$BTC
$ETH
$XRP
Drop your opinions in the comments! 👇
#VSAAnalysis #CryptoMarketUpdate
#BagikanPendapatAndaTentangBTC #USAndIranTradeShotInTheStraitOfHormuz
