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TENSIONS IN THE MIDDLE EAST SHAKE UP CRYPTO MARKETS
#Bitcoin #elg #escoin #doge
In recent days, US President Donald Trump's threats of military intervention against Iran and rising tensions in the region have caused fluctuations in global markets. These developments increased investors' search for safe havens, pushing gold prices to record highs.
Bitcoin (BTC): The market sees the USD 76,600 level as a critical support point; If it falls below this level, it is predicted that there may be bigger declines. On the upside, resistance levels are set at USD 83,315 and USD 85,141. The current price action is concentrated at USD 79,164, USD 80,751 and USD 82,033, with resistance at USD 82,033 in particular suppressing prices over the weekend. This bearish wave presents a significant opportunity to test the effectiveness of the second monthly bottom formation.