Predicting prices in encrypted currencies, and Trump was appointed to the peace agreement with Putin with Putin
Crossed currencies can prepare to recover huge prices as President Donald Trump is preparing to speak with Russian President Vladimir Putin about a possible peace agreement in Ukraine. With geopolitical tensions that affect investor feeling, coding movements may witness significant fluctuations. Will a breakthrough in the negotiations increase the rise of a rise, or does the uncertainty maintain the fluctuation of prices?
The price of encrypted currencies in the concentration before Trump Putin’s conversations on Ukraine
According to Bloomberg, President Trump is scheduled to speak with Putin on Tuesday and expressed optimism about a possible decision for the war of Russia Ukraine. He stated that there is a “very good opportunity” to reach a positive result.
However, White House officials, including National Security Adviser Mike Waltz, have She confessed to big obstacles In achieving a ceasefire.
Geopolitical uncertainty often weakens the price of risk assets such as cryptocurrencies and arrows. Therefore, if there is a breakthrough in this matter, it may be a rise for Bitcoin and Altcoins.
At the time of the press, merchants seem to be skeptical of a peaceful solution to the war. The future of NASDAQ and S& P 500 has decreased as analysts flip the decline in the US stock market. Bitcoin price also decreased by 1.3 % to about 83,600 dollars.
Russia’s Ukraine’s bad deal for the US dollar, but it is good for encryption
The end of the war of Russia, Ukraine, may be bad for the US dollar, which is already suffering from poor performance against other major currencies due to Trump’s introductory war. However, the weakest US dollar will be good for the price of encrypted currencies as traders are looking for other safe havens.
Trump’s introductory war sparked economic uncertainty and reducing dependence on the dollar. Meanwhile, the possibility of the end of the Russia and Krin war has strengthened the price of European currencies, which led to a decrease in the US dollar index to its lowest level for five months.
If investors expect the short -term weakness of the US dollar, this may lead to the rotation of capital in cryptocurrencies as merchants’ hedge against the value of the currency, which leads to high price movements.
Will Trump Putin’s meeting pay bitcoin to $ 90,000?
Bitcoin is trading at 83,065 dollars today with a marginal increase of 0.5 % in 24 hours. BTC is at a pivotal point where the collapse of a similar triangle style will be determined for the next four hours.
Crypto Analyst Carl Moon notes that if BTC is broken over the upper direction line of this triangle, this may lead to predicting bitcoin prices and mobilizing 12 % about $ 94,000. This assembly can be supported by a successful result of the Tuesday meeting, which leads to price gains throughout the encrypted currency market.
On the contrary, if this bullish trend fails and BTC prices drop, this will lead to another drop, perhaps to the price level of $ 72,000.
Besides the upscale technical expectations, the whales also appear to accumulate BTC. This is followed by the last purchase of $ 10 million in Bitcoin by Microstrategy. This indicates the status of the whale before Trump Putin’s meeting.
Related questions (common questions)
The meeting between President Trump and Botin can be strengthened by cryptocurrency by alleviating geopolitical tensions and enhancing demand for risk origins.
Bitcoin price moves within a similar triangle style. If the upper direction line collapses due to the upscale stimulus such as the end of the war of Russia, Ukraine, it may cause an equivalent movement of more than $ 90,000.
With the weakness of the dollar, investors can search for alternative assets that can be used as a valuable store, which leads to high encryption prices.
Metouni
Muthoni Mary is an analyst and writer in the veteran encryption market that has more than three years of experience in dissecting Blockchain trends, price movements, and market dynamics. Through the acute eye of technical analysis and an in -depth understanding of the scales on the series, it provides insightful -based content that helps investors to move in the world of fast -paced digital assets.
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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