Will the Iran-US war impact the rise of BTC?
U.S. and Iranian leaders continued their aggressive posture on Monday (January 6) following the killing of Iranian military leader Soleimani last week. Iranian state television said the country would no longer abide by restrictions on its nuclear program in the 2015 agreement. Afterwards, U.S. President Trump said on Twitter that "Iran will never have nuclear weapons." After Trump threatened to strike 52 Iranian targets, Iranian President Hassan Rouhani tweeted to "remember the 290 figures". The tweet appeared to be referring to the number of people who died when an Iranian plane was shot down by U.S. forces in the 1980s. Oil prices and key defense stocks opened higher on Monday before reversing later in the day. Both indices have continued to trend higher in the months following crisis events in the Middle East. Democratic leaders in both houses of Congress are taking steps to craft a resolution that would limit Trump's ability to act on Iran, but the resolution is unlikely to pass the Republican-controlled Senate. FXTM research analyst Lukman Otunuga wrote on Monday that gold, crude oil, the British pound and the Japanese yen are all trending higher.
It can be seen from the picture on the right that yesterday’s trend was unstable. First, there was a wave of backstepping, and then the continued upside was also extremely violent. First step back and then go long. As mentioned in the previous post, this is likely to be the behavior of the dealer. . But having said that, now that the international situation in the United States and Iran is so tense, the currency circle has also been affected to a certain extent, which promotes the bullishness of the big pie. A wave of bullishness in the early hours of this morning has reached today's temporary highest price of 7999, and it is just around the corner to break through 8000. This also made many coin lovers both impatient and worried. They were anxious and did not increase their positions at the time, worrying that if they reached the pressure point of rising, they would step back! From this point of view, in my personal observation, today is mainly bullish, and there will be a wave of small rebounds in a short period of time to look bullish.
First, the BTC price is 7919, and there is resistance above 8100. For a period of time, it is still mainly short, bearish, take profit price 7820-7800, stop loss price 7980-8000
When the price steps back to 7800, it is bullish, the stop profit position is 7980-8000, and the stop loss position is 7700-7200
Interested currency lovers are welcome to add the teacher WeChat: junglegod1 to communicate together.
Hope all friends in the currency circle set a good stop profit and stop loss position, and control the profit and loss by yourself!
Interested currency lovers are welcome to add the teacher WeChat: junglegod1 to communicate together.
