Why I’m still saying BTC will go up and cross 100k?
Previously I said that BTC may go 100k up within end of the April. However, due to the news event related to US bank interest rate, gold and Bitcoin market faced huge dip.
I have explained this on a dedicated post. You must read that to understand the situation.
Now, why I’m still so hopeful?
Because, if we know about news trading, we know news effects are mostly temporary. News works like a signal for every traders. In fact our traders also shorted BTC and other coin in short term trades 5 mins before the public release of the news. Don’t ask how we got the news 5 mins earlier, because that will be dumb as I explained this previously.
Anyway, two things can happen. One is, maybe US policy makers will reject the idea of higher bank interests. Because, we all know the richest people in USA use debt to leverage their wealth. Those people are lobbying the policymakers for decades. It’s open secret.
So if a news comes, that the idea of increasing interest got rejected or the increase was not significant, that will create a bull market.
Another reason you should know. When there is peace and no war, markets remain stable and people starts saving money in flat. As per the news we see peace talk between Hamas and Israel. There is possible ceasefire.
But honestly, the corrupt PM of Israel won’t let it happen. He is trying to escalate this war. He intentionally attacked on Irans consulate in Syria killing 7 high official diplomats. He expected that US will support him with this, but US literally said due you are mad, don’t involve us.
Iran also warned them 20 times before sending very slow drone attacks to show their power to take revenge while causing no damage to civilians in order to remain hero in UN. Israel attacked Iran with full force, but alone tiny Israel cannot do much when big supporters US is saying stay clam.
So, there was no escalation.
But I can assure you the PM of Israel will keep the war ongoing for the political benefit. He doesn’t want to lose this power.
