Despite the lack of favorable news, #Bitcoin❗ price has surged to 70,000. The global geopolitical landscape remains in disarray, with no peace agreement in sight for the Russia-Ukraine conflict. Meanwhile, the ongoing violence between Israel and Palestine has escalated, and now, the ground conflict between Lebanon and Israel has intensified. On the Korean Peninsula, tensions have escalated, with South and North Korea destroying the border road. Additionally, the U.S. election is fast approaching, adding to the already unstable international scene.
Given these circumstances, it's highly improbable that the Federal Reserve will consider cutting interest rates in November. So why is Bitcoin still climbing amidst this chaos? Now might be the perfect time to consider taking a bold short position, as the current rally appears detached from reality and geopolitical risks are mounting.
#BTC☀ #BTCSoarsTo68K #USStockEarningsSeason #GrayscaleConsiders35Cryptos
