Is BTC breaking through the 70,000 mark in the morning strong?



Is the US and Iran about to de-escalate the ceasefire? Is this news just talk or has it been confirmed? We need to wait for further announcements; it might just be one-sided wishful thinking rather than a consensus reached by both parties. Currently, the situation with the yellow-haired talk is no longer viable. This round of conflict is not just decided by the Americans, but also by the strong women who will announce it.

Looking back at yesterday’s price around 67,000, we entered a long position at 65,606. If it breaks above 67,900, look for 69,100-70,000. This morning, the price has already reached and successfully gained 5,000 points. There is still strong resistance around 71,000. Since the long positions have been exited, short positions should still be considered.

BTC trading suggestion: 70,666-71,100 range, stop loss at 80, target 68,800, if broken, look for 67,800-67,200.
BTC0,59%
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