🚨☄️Iranian Missile Strikes Disrupt Oil, Gold, and Bitcoin Markets 🇮🇶
Iran’s missile launch targeting Tel Aviv caused significant turmoil in global markets today, pushing oil and gold prices higher. The attack follows weeks of conflict involving Iran-backed Hezbollah in Lebanon.
**Oil Prices**: Brent crude surged 4.6%, reaching $75 per barrel, driven by the Iranian strikes on Israeli cities on the evening of October 1. Previously, oil prices had been at their lowest in two weeks due to a global demand slowdown and disruptions in Middle Eastern exports. However, market sentiment in energy rose by 1.3%.
**Gold Prices**: Gold futures jumped 1.15%, reaching a new record high of $2,690.10, as investors sought safe-haven assets amidst escalating tensions in the Middle East.
**Bitcoin**: Bitcoin's price dropped 2.13%, falling to $62,230 following the missile attack, interrupting its upward momentum after last week's Federal Reserve rate cut.
**European Stocks**: European markets also felt the impact, with the Stoxx 600 index dropping 0.4% as risk aversion grew due to concerns over the conflict's potential impact on growth.
**Safe Haven Currencies**: The Japanese Yen and Swiss Franc reacted to the news of the strikes. Despite the tensions, strong U.S. labor market data provided some support for investors. The Yen rose by 0.1% to 143.5, while the Euro fell 0.55% to 1.1075, and the Australian dollar declined by 0.32% to 0.6891.
A senior White House official confirmed that the U.S. was actively supporting Israel's defense. Adam Button of Forex Live remarked that although markets had largely overlooked the Middle East conflict in the past month, a direct confrontation between Iran and Israel poses a significant risk.
Today's Bitcoin closing is at a major resistance zone, signaling key movements ahead.
Current Resistance Zone 👇 The candle closed around $67,100, suggesting Bitcoin might push toward this level today. A breakthrough here could lead to further upward momentum.
Anticipated Reversal 💰 We expect a reversal within 48 hours, with Bitcoin likely retracing to $64,000 after possibly hitting $67,200. I plan to open short positions above $67K, as we may quickly approach the $61K mark.
Advice for Traders 💡 If you're feeling stuck in short trades, share your positions for personal advice. If you're in profit, resist over-leveraging; securing smaller gains is safer than risking significant losses.
Important Precautions ⚠️ Avoid Over-Leveraging: Keep leverage balanced to avoid major losses. Monitor Market Movements: Stay updated on Bitcoin's volatility in the next 48 hours.
Conclusion As we approach critical levels, have a solid strategy in place. Stay vigilant and trade wisely!
I hope you all are doing well. Bitcoin is currently retesting its resistance, and if it breaks, we could see a sudden pump in the market, potentially pushing BTC to around $68K 📈.
However, even if this happens, we're still expecting a sharp drop, at least down to $61K - $58K, as we've already witnessed four back-to-back fakeouts. If this breakout occurs, it might be the last one before a big fall 🔻.
If you're in long positions and have made good profits, it’s a good time to start booking your trades 💼.
Prediction: Today's daily candle is expected to close in the red. 👈💯
🎉 Exciting Airdrop Release: Hamster Kombat Has Landed! 🐹💥
We’re thrilled to announce that the Hamster Kombat Airdrop will be hitting your wallets today! 🚀 We hope you’ve made the most of this incredible opportunity and are enjoying the rewards. 💰
Season 2 of the airdrop has already started, so don’t miss out! 🔗✨
Stay tuned, because this is just the beginning! We’ll continue to bring you more legit airdrops and exciting opportunities in the near future. 🔥
Congrats to everyone who participated — let’s keep winning together! 🏆
Alpha Coin Skyrockets! Are You Ready for the Next Big Move? 👈🔥
We've advised multiple times to buy Alpha when the markets were crashing. Those who followed our recommendation and bought below 0.053 are now seeing up to 1600% profit in futures. We’re expecting Alpha to soon hit $0.0713, $0.08, and potentially $0.087.
My personal target for this coin is between $0.13 and $0.20.
Price is trading into high ranges, expecting that sell off will trigger in it and move towards downside onto marked trendline as a retest is expected in it.
Price got rejected from marked supply zone, expecting that seller volume will inject in it and move towards downside marked support zone is expected in it.
As predicted, price successfully move in our bias direction ✅💯
Now currently facing marked resistance zone and show some bearish move, seller aggression here will cause of more dump retracement in it towards downside.
Price successfully breakout marked resistance breaker level and ready to show some decent move towards upside, if buyers continue to show aggression here then more move as a continuation leg towards upside will trigger in it.
Price looks bullish here, as price continuously making HH, HL in it. If more buyer volume inject in current leg then more move towards upside marked supply zone will trigger in it.
Today, we’re planning to share 5 gem coins that you can buy on spot for the next 2-3 months. These coins have the potential to give you returns ranging from 60% to up to 5x.
❤️ Complete 10 reactions on this post quickly so we can share the trades!