Bitcoin grew too big for these types of hypotheticals

This Bitcoin drugstore thought experiment quickly got out of hand

Last night and early this morning, Beijing time, the geopolitical situation in the Middle East underwent a 180-degree dramatic turn.

After Iran conducted a "limited retaliation" against the U.S. military base in Qatar, U.S. President Trump confirmed on social media that he had received advance notification from Iran and stated that the attack "caused no U.S. casualties". More critically, Trump announced that Israel and Iran had reached a comprehensive ceasefire agreement.

In the early morning of June 24, Beijing time, Trump posted on his social media platform: "Congratulations to everyone! Israel and Iran have fully agreed to implement a complete and comprehensive ceasefire (approximately 6 hours from now, at which time Israel and Iran will end...

Trump announced a ceasefire between Iran and Israel, Bitcoin surged 5% and short sellers were slaughtered

Just as the global market was plunging into panic due to fears of a full-scale escalation of the US-Iran conflict, a message from former US President <Trump> arrived like a "savior from the sky". On local time June 23, <Trump> claimed that longtime enemies Israel and Iran had reached an agreement on a "comprehensive and complete ceasefire".

As soon as the news broke, the market immediately reversed. Previously, oil futures that had plummeted due to war panic instantly wiped out risk premiums; and Bitcoin, representing risk assets, staged a thrilling V-shaped counterattack, leaping out of the abyss of panic selling and forcefully breaking through the $106,000 mark. This rally driven by the "peace expectation"...

Iran-Israel ceasefire, Bitcoin rebounds violently, what's next?

After the recovery effort failed at the beginning of May, PI continuously declined, moving in a gradually decreasing parallel channel.
When the buying momentum is exhausted, this Token seems ready to retest the lowest level...