🚨 TRUMP CALLS OFF IRAN STRIKE: BITCOIN BOUNCES OFF $80.3K 🟢
After sinking to a 2.5-week low of $80,391 on Thursday, $BTC snapped back above $82,600. Trump said the U.S. will not strike Iran before the Nov. 3 midterms, calling the talks "productive." Oil cooled, the dollar slipped, and risk appetite came rushing back.
But the damage underneath is real. Spot Bitcoin ETFs bled over $723M in the last two sessions, and nearly $1B in crypto positions got liquidated, mostly longs getting caught wrong-footed.
Analysts now see $82,600 as resistance and $80,300 as the line that has to hold. Lose it and downside risk opens up fast.
Relief rally or dead cat bounce? Drop your take 👇
Not financial advice. DYOR.
#crypto #bitcoin #macro #Trump
After sinking to a 2.5-week low of $80,391 on Thursday, $BTC snapped back above $82,600. Trump said the U.S. will not strike Iran before the Nov. 3 midterms, calling the talks "productive." Oil cooled, the dollar slipped, and risk appetite came rushing back.
But the damage underneath is real. Spot Bitcoin ETFs bled over $723M in the last two sessions, and nearly $1B in crypto positions got liquidated, mostly longs getting caught wrong-footed.
Analysts now see $82,600 as resistance and $80,300 as the line that has to hold. Lose it and downside risk opens up fast.
Relief rally or dead cat bounce? Drop your take 👇
Not financial advice. DYOR.
#crypto #bitcoin #macro #Trump