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News disrupts the market
Bitcoin dropped below 74k after news about negotiations between the US and Iran. The market has once again shown that it is now entirely dependent on the news background: any changes in geopolitics are instantly reflected in the price.
Initially, expectations led to growth, then uncertainty — a pullback. This is now the standard model of the current market: movement not due to technical analysis, but due to external factors.
👉 As long as the market is news-driven — such sharp reversals will be the norm
#GateSquareAprilPostingChallenge