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🇮🇷 Iran closes Strait of Hormuz.
The strait of Hormuz carries 20 percent of global oil trade.
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The United Nations Security Council will meet tonight at 10 PM Paris time.
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I wouldn’t open a long here on $BTC.
There’s too much uncertainty. I’d rather miss the upside than risk capital on a long right now.
BTC-0.6%
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🇮🇷Iranian Foreign Minister says, “We are interested in de-escalation.”
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$BTC is pumping back up, but you shouldn’t long this.
There’s too much uncertainty.
I think this is just a short squeeze before we continue lower.
BTC-0.6%
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Americans are waking up to major developments in Iran:
- The U.S. and Israel have reportedly begun large-scale combat operations in Iran
- Strikes are said to be targeting Iran’s Supreme Leader and President
- Iran has launched attacks on U.S. bases in Kuwait, the UAE, and Qatar
- Iran has also carried out retaliatory strikes on Israel
- U.S. officials say operations could continue for days or weeks
- Israel says the objective is to end the Ayatollahs’ regime.
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🇮🇷🇮🇱 Iran’s army says it has launched a wave of dozens of drones toward Israel.
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🇷🇺🇺🇸 Russia says President Trump, once seen as a “peacemaker,” has now shown his “true colors.”
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$BTC is still holding around the $64,000 level.
But I don’t expect it to hold here for long.
We should see $60,000 in the next 48 hours.
BTC-0.6%
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🇦🇪 The UAE says Iranian attacks violated sovereignty, reserves right to respond.
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🇦🇪 Explosions heard in Dubai.
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Trump is expected to address the nation again on Saturday morning.
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Don’t long Bitcoin or any other crypto right now.
You don’t want to catch this falling knife.
BTC-0.6%
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What comes first for $BTC?
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🇺🇸🇮🇷 United States says Iran has begun taking Americans hostage.
Be very careful with longs in the next 48 hours.
It’s possible we could see an escalation this weekend.
Protecting your capital is rule number one.
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Mr. President, I’m getting tired of all this winning.
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