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BTC breaks through 71,000! The sentiment in the crypto circle is about to change #Gate广场四月发帖挑战
Trump just announced: the US and Iran have reached a mutual ceasefire, suspending bombings for two weeks!
Assuming Iran opens the Strait of Hormuz, the US will cease fire for two weeks until April 22.
Both sides have basically agreed on the contentious points, and a long-term peace agreement will be finalized within two weeks, leading to a complete easing of the Middle East situation.
This rally from 65,000 to 71,000 was mostly a risk-avoidance premium driven by geopolitical concerns. Now that the dust has settled, the good news is fully priced in, and bad news will follow—risk sentiment is retreating, and the market logic is about to change completely!
Key points to watch: Will the risk premium for Bitcoin quickly unwind? Will there be any surprises during the negotiation period?
In the crypto world, bad news always hits immediately after the news is announced, and the real test is still to come. $BTC