Is the Strait of Hormuz Opening Ready for a Bitcoin Rebound? The global market is focusing on June 19, 2026, the date US President Donald Trump has announced as the signing date for the agreement between the United States and Iran in Switzerland. If the agreement goes through, the Strait of Hormuz, a passageway through which approximately 20-25% of the world's oil supply passes, will reopen to international shipping. This news immediately attracted investor attention because it has the potential to ease geopolitical tensions that have been pressuring financial markets. Why Is This Important? During a conflict, investors tend to avoid risky assets such as stocks and cryptocurrencies. However, when the situation improves, interest in risky assets usually increases again. The opening of the Strait of Hormuz also has the potential to help stabilize global energy supplies, thereby reducing pressure on oil prices. Impact on Bitcoin #Bitcoin #Crypto #FOMC #Iran #Trump 🚨DON'T FORGET TO FOLLOW🚨AGUSHENZZZ
- 0 replies
- 0 recasts
- 0 reactions
BITCOIN REBOUNDS AHEAD OF FOMC & US-IRAN PEACE! Good evening, Traders! Bitcoin has successfully rebounded today and shot back above the $65,000 level (around Rp1.16 billion)! After being stuck in a tiring sideways zone, the market finally welcomed a series of positive global sentiments. Here's a quick summary of BTC's movement today: Current Market Conditions Current BTC Price: Fluctuating aggressively in the $65,600 – $66,100 range. Fear & Greed Index: Rises to 23 (Fear) from last week's position of 15 (Extreme Fear). Panic selling appears to be starting to subside! Market Capitalization: The total global crypto market capitalization has climbed again, reaching $2.24 trillion. Today's Key Catalysts Global Ceasefire: News of the planned signing of a temporary peace agreement between the United States and Iran has sparked significant risk-on sentiment in financial markets. The First FOMC Effect: Investors are preparing for the first Fed interest rate decision under Kevin Warsh, scheduled for June 17th. Institutional Support: Coinbase CEO Brian Armstrong has publicly reiterated his long-term bullish outlook and called BTC the "New Digital Gold." Technical Mapping (S&R) Support Zone: Bitcoin must hold above $62,899–$63,500 to secure a rebound structure. Resistance Zone: The nearest recovery target is $66,000, with the next major breakout target around $71,046. Disclaimer: All data is compiled from market observations. It is not a buy/sell call. 🚨DON'T FORGET TO FOLLOW AGUSHENZZZ
- 0 replies
- 0 recasts
- 0 reactions
I am digging Season 2 XP in DegenDigger. created by @zahrash with @viniapp
- 0 replies
- 0 recasts
- 0 reactions