pinetwork

Bitcoin-BTC Prix Aspects: Trump’s ceasefire advertising stimulates an increase in the rise. Will the price reach $ 120,000?

Bitcoin-BTC Prix Aspects: Trump’s ceasefire advertising stimulates an increase in the rise. Will the price reach $ 120,000?

The Bitcoin price experienced a strong recovery on Tuesday and increased by 3.86%, recovering $ 105,000 after decreasing at its lowest levels in 6 weeks to $ 98,000 during the weekend. This recovery is attributed to the announcement by American president Donald Trump of an agreement between Israel and Iran for the ceasefire, ending what he called the “12-day war”.

According to Trump, Iran has taken a 12-hour ceasefire, followed by Israel in a decision indicating coordination to avoid more escalation.

Investors quickly responded to this news, so the wave of sales that was launched by US air strikes stopped on Iranian nuclear sites, while no victim was registered, and Iran would have already informed the United States of attacks, which was interpreted on the markets as a reference to calm.

In addition, the risk appetite has returned strongly, to lead Bitcoin a wide wave of recovery which included the crapeto market, followed by Ethereum-Eth and the wave-XRP. This great improvement in the general mood of the market has led with Bitcoin to restore the main levels of technical support.

Bitcoin’s technical view indicates a possibility of $ 120,000 to reach

The expectations of bitcoin prices seem to get on the graph as part of 4 hours. The price managed to overcome the average movement movement if in 50 negotiation candles at $ 103,954 and the level of resistance at $ 104,723. The price is now moving towards the downward trend line almost $ 106,500, which is the price failure level by exceeding several times since early June.

Bitcoin currency price diagram – Source: tradingView

Analysts believe that the success of the price entered this area and in stability on it will push it to $ 109,041 to $ 110,522.

  • The Bitcoin Prize is currently: $ 10,209
  • Market value: $ 2.09
  • 24-hour trading volume: $ 67.5 billion
  • The basic level of support: $ 98,253
  • Resistance levels: $ 106,539, $ 109,041 and $ 110,522

Similarly, momentum indicators support this expectation, because a positive intersection has appeared in the MacD index, and the pillars of its graphic plan increase.

In addition, the price of Bitcoin was a new upper lower bottom, without lining candles near the current level of resistance. If the price is able to exceed the barrier of $ 106,500, it can go at $ 120,000, especially if the volume of negotiations continues to increase.

The federal reserve policy and geopolitical tensions support the emerging path of Bitcoin (Bitcoin)

Far from technical analysis, macroeconomic conditions and geopolitical events support the increasing scenario. The indulgent declarations of the federal reserve and increase the expectations of reducing interest rates to weaken the power of the US dollar, increasing the attractiveness of Bitcoin as an inflation tool. The Federal CME interest rate shows the high probability of reducing interest rates in September to 80%, compared to 70% last week.

In addition, investors treat Bitcoin as a geopolitical motivation tool. As the cease-fire agreement in the Middle East is currently firm and the management of American monetary policy towards more in-depth facilitation, Bitcoin should witness the return of the capital flow in search of assets unrelated to the traditional markets.

Summary

Bulls (high price speculators) remained strongly on the market thanks to the rapid resumption of the price of the Bitcoin currency after Trump announced the cease-fire agreement and the expectations of the federal reserve adopting more Clemence policies. And if the price of Bitcoin succeeds in penetrating the level of $ 106,500, it could reach $ 120,000 in the coming weeks. Consequently, interested persons should monitor the volume of trading and the price movement at this level, it is expected that the confirmed penetration will lead to the launch of another ascending wave.

The result of hyper-hender bitcoin is greater than $ 1.6 million: the second layer solution is strongly launched, taking advantage of the momentum

The result of Bitcoin Hyper exceeded $ 1.6 million, with $ 1,609,125 on the current stage of $ 1,831,658. Investors can always buy hyper at $ 0.0,01202 before the next price increase in less than two days.

The project offers the first second layer solution for Bitcoin Ballow – back by SEVM technology (SVM), and provides fast and low cost on Bitcoin Bluechen, to combine Bitcoin Bluecine safety and the possibility of expanding the virtual solara machine, allowing the development of high speed transactions and the lowest driving with the lowest applications and Smooth Bitcoin Bluechen.

The intelligent contract for Bitcoin Hyper Project has been examined by Coinsult, which confirms that it is designed to improve confidence, expansion and performance. Similarly, more than 109 million Bitcoin hyper-pieces have already been mortgaged for annual mortgage yields (APY), currently 480% and can be collected after the official launch of the currency. Hyper can also be used to push gas costs, access to decentralized applications and participate in the decentralized governance process.

Finally, investors can reach the subscription and buy the currency using both digital currencies or visa and masksard without the need for a crypto portfolio thanks to its dependence on web3payments. Thanks to the wonderful mixture between the spirit of MC currencies and practical uses, Bitcoin Hyper is quickly emerged to become the potential rising star in the world of second layer solutions for the year 2025.

The expectations of Bitcoin-BTC prices: the Trump Declaration of the ceasefire stimulates the increase in the momentum. Will the price reach $ 120,000? APPLERDIRST on Arab Cryptonews.

Exit mobile version