The price of Bitcoin (BTC) increased by 4 % to recover 97,000 dollars on Thursday, driven by the positive one from the United States and Russia to resume diplomatic relations. Will Michael Saylor BTC and ETF purchases to recover the price of Bitcoin speculation above $ 100,000 in the coming days?
Bitcoin recovers $ 97,000 as Trump indicates
Bitcoin price recovered sharply on Thursday, with 4 % to recover 97,000 dollars amid renewed optimism surrounding American diplomatic patents. This shift follows reports confirming that Washington and Moscow have resumed diplomatic talks, which may lay the basis for the constant solution of Russia’s Ukraine war.
The market’s feeling deteriorated last week after it strengthened the hottest US consumer price index data from the expectations offered by the consumer price index in the United States. Investors reduced BTC exposure in anticipation of more prices, which led to a withdrawal to $ 93,388. However, it appears that geopolitical developments compensate for these concerns.
Reuters I mentioned On February 18, the United States and Russia agreed to reopen diplomatic communications channels, which led to positive reactions across global financial markets. The price of bitcoin reflected the feelings on the risks, and the mobilization of 4 % within 24 hours of the advertisement. In the latest developments, the Kremlin official sources They have hinted at this-Russian President Vladimir Putin and US President Donald Trump can meet this month, in the first face-to-face meeting between the leaders of the nation since the war began.
With market confidence improved, the BTC price track now depends on the continued geopolitical escalation and the location of the investor before the main economic data versions.
How will Bitcoin’s reaction with Russia Ukraine stop shooting?
Geopolitical risks have played an important role in Bitcoin’s fluctuations since 2022, as the conflict in Russia and Krin contributed to inflationary pressures and instability in the market. However, a potential ceasefire can reshape global economic conditions, especially with regard to energy prices, commercial flows, and organizational policy.
While the main political voices in Europe and the United Kingdom have called for more funding to support the defense of Ukraine, the bets on the platform of the prediction market Polymarket It has 67 % for a ceasefire between Ukraine and Russia in 2025. This confirms that the majority of market monitors expect a ceasefire in the coming months.
The escalation removal scenario can raise economic sanctions, reopen critical trade methods, and increase in Russian oil and gas exports. This is likely to reduce the inflation of energy, which strengthens the issue for the lowest federal reserve adjustments in the coming months.
In addition to the total economic factors, the dynamics of the encryption market can also turn. The financial restrictions of Russian investors may allow the re -introduction of global encryption markets, which increases Bitcoin’s demand. In addition, the most stable geopolitical background may encourage institutional capital flows in digital assets, especially with the acquisition of ETF momentum.
With the 4 % continuous BTC price recovery supported by geopolitical optimism and institutional accumulation, traders will closely monitor the developments to confirm the ceasefire. If the positive momentum continues, BTC may penetrate $ 100,000, testing the key resistance levels in the coming days.
It is worth noting that the company’s strategy, which is led by Michel Silor, (previously known as Microstrategy), announced the decision to collect debt tools worth another billion dollars to finance additional BTC purchases. With Altcoin Etf depositing about approval, it can excite Russian vs. Ukraine is the next wave of institutions based on institutions for high -class encrypted currencies including BTC.
Bitcoin price expectations: Several days can be closed above 98,000 dollars. You can mark the local bottom
The BTC price fee shows the BTC price hovering near 97,000 dollars, as it recovered from Bollinger Band Lower ($ 94,339) with the restoration of buyers.
The 2.78 % ROM assembly suggests a potential pattern on the bottom consisting of 94,000 to 96,000 dollars. However, the final shift in the momentum hinges on the BTC insurance is a multiple daily closure of more than $ 98,000, and is compatible with the midterpar bar and the main resistance area.
The RSI (RSI) Index remains at 46.66 less than the level of 50 neutral, indicating twice the upscale, but potential upwards if it crosses above the signal line (44.16). RSI is sure to accelerate the BTC movement towards a psychological $ 100,000 sign.
On the contrary, failure to restore 98,000 dollars may lead to another re -test of the support of $ 94,000, with a deeper risk on the negative side of about $ 92,000 if sellers are strengthened.
Light sized sized analysis is on the accumulation of height, with 41.44 km trading over the past two days, which enhances the purchase benefits near the current levels.
If geopolitical optimism and the maintenance of the investment funds circulating in Bitcoin are fixed flows, then the upscale continuation remains the favorite scenario. However, traders should remain cautious against profit in the short term near the resistance.
Related questions (common questions)
Bitcoin should be broken and closed more than $ 98,000 to confirm a local bottom and maintain the bullish momentum.
If BTC faces rejection near $ 98,000 and its decrease in size, then re -test of $ 94,000 or even $ 92,000 is still possible.
The ceasefire may improve market morale, reduce inflation pressure, and attract institutional capital to bitcoin.
Ibrahim
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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