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🔥 Happy Easter and Cosmonautics Day to everyone, April 12. Bitcoin situation
Last night, after 21 hours of negotiations between the US and Iran, they ended without any agreement. They can't agree on who will collect fees for passing ships through the strait. As a result, the markets pulled back, but since it's the weekend for us, we are only feeling this in crypto for now.
Bitcoin just hit the trend line precisely, and if there were peace, it would have broken through it, but at 4:20 Moscow time, news came that the negotiations were fruitless.
What’s next?
Due to the unpopularity of the war and the destabilization of the American economy caused by rising oil and gasoline prices, as well as shortages of chemical fertilizers and helium, a return to hostilities would have very severe domestic political consequences for Trump, reports The New York Times.
Additionally, resuming the war could trigger a collapse of global markets and an increase in inflation, which would hit Trump even harder.