Already below, Iran attacks send the BTC price to $ 102,760 – purchase a decrease? star-news.press/wp

While the International Atomic Energy Agency did not confirm the lack of radioactive leaks, the psychological effect was great. Fears of the disruption of global trade, energy and regional security markets in the long run led to the operation of merchants. The role of Bitcoin has been questioned as a hedge again because it behaves like one of the origins of risk during times of global stress.

• Monthly decrease: ~ 8.93 % from 111,800 dollars to 102,438 dollars
• Weekly loss: More than 2 % is still falling
• The maximum market: 2.04 trillion dollars
• Trading offer: 19.88 million btc

Former President Donald Trump’s comments, saying that the strikes were “great success” only added to more escalation fears. As diplomacy stops and Iran warns of “consequences forever”, the encryption market is uncertain.

Unless the political situation stabilizes, Bitcoin is likely to continue with weakness as traders reduce risks.

Bitcoin’s technical analysis: still warning

From a technical perspective, bitcoin predictions are still diligent. The two -hour graph shows the price procedures stuck in a normal channel with low levels and lower lower. BTC failed to re-test 103,932 dollars-EMA 50-periods that are now resistant.

A series of small candles at a price of $ 102,900 indicates the frequency, but the upscale reflection patterns, such as the morning star or three white soldiers, have not been formed to change the direction. The momentum is weak with flat MACD signal lines below zero and the graphic drawing does not recover.

BTC has briefly supported the support of 101,478 dollars before the bounce with a lesser tail, so buyers defend this level at the present time.

Bitcoin trade idea:

• entrance: At a price of $ 102,900 on a declining confirmation (for example, a fire or landfill star)
• Stop: Above 104100 dollars
• Object 1: 101,478 dollars
• Object 2: 100,451 dollars

Until the price collapses more than 104,031 dollars and from the condolence channel, the short range is a declining. It is likely that any corrective bounce, not a reflection.

conclusion

Bitcoin’s decline to $ 102,760 is a sign that investors reduce the risk of chaos in the Middle East. With the increasing number of total opposite winds and any technical confirmation down, merchants should be careful. The real opportunity to “buy dipping” may require a ceasefire or a confirmed break over the resistance.

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