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What? China supplies weapons to the United States, and Trump imposes a 50% tariff on China? Will Bitcoin reach $60,000~$65,000? Hurry and take a look.
1. Sometimes I really don’t understand what Trump is thinking. After such a long tug-of-war in the China-U.S. trade war, doesn’t the U.S. know its own strength now? Still imposing a 50% tariff? The problem is, you’re now in trouble yourself, about to be beaten down by Iran. If this continues, will the conflict escalate?
2. There is this possibility. Today, the U.S. said it is preparing to blockade Iranian ports. Will the UK participate? Of course not... And last night, Trump claimed that the U.S. will deploy more minesweepers to the Strait of Hormuz. NATO also “wants to help clear the strait,” and the UK and other countries are dispatching minesweepers. Today, the UK “slapped in the face” Trump, denying participation in the U.S. blockade of the Strait of Hormuz.
3. So, if this keeps going on, what impact will it have on the market? The biggest impact, of course, is that in the short term, gold and Bitcoin will definitely not benefit; Bitcoin will fluctuate downward. But back to the main topic, let me talk about the market situation.
4. Looking at Bitcoin’s trend, it still follows the warning I gave yesterday. Currently, it’s oscillating downward. If Bitcoin doesn’t rally within three days, the downward space is around $60,000~$65,000. If the market continues to release negative news, a break below $60,000 is possible. Here’s my strategy: in the chatroom pinned two days ago, I suggested reducing positions at around $73k. I am still waiting. If in the next couple of days, there’s a volume breakout upward, approaching above $74k, I will sell all without hesitation. When the price crashes down, I will notify brothers to buy the dip first.
5. Also, the “demon coin” $RAVE has risen from $0.20 at the bottom to $6.20 now, a 30-fold increase. Some say they see a hundred times, $200, but I absolutely don’t believe that. True fans who haven’t bought in yet, don’t chase the high to avoid being cut at the high levels. I think the big whale has already swung the sword 50 meters, just waiting for you.
6. Brothers who want to buy Ethereum, wait a bit. This is not the bottom. If there’s a rebound in the next couple of days, you can consider shorting around $2,450, and take profit around $2,000.
7. Overall, the market trend is weak. We follow the rhythm I set. Sometimes, holding strong coins in the market can also bring pretty good returns. For example, $ETH .