via BeInCrypto · By Ananda Banerjee
Why Trump’s Iran Pledge Lifts Bitcoin Price First, the World Later
BTC/USDT
$15,246,571,161.47
$63,500.00 / $61,705.29
Change: $1,794.71 (2.91%)
+0.0051%
Longs pay
Bitcoin price sits at $77,808 inside a falling channel that has held since May 6, with a short squeeze quietly building above current price and long-term holders accumulating underneath.
Donald Trump’s May 20 pledge to end the Iran war quickly has already started a small short liquidation cascade in crypto. The mechanics favor Bitcoin moving first, with the broader world catching up later…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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