Mr.PriceSetting

Will influence Bitcoin prices through three core pathways: geopolitical, energy and inflation expectations, and market sentiment. In the short term, it will mainly fluctuate with volatility, and the direction depends on subsequent developments.
Short-term volatility intensifies: The escalation of US-Iran conflict expectations brings geopolitical safe-haven sentiment. Bitcoin will experience short-term fluctuations, possibly first dipping due to panic, then rebounding due to safe-haven buying.
Key to watch the conflict's direction: If an agreement is reached and the situation eases, safe-haven

May 9th Bitcoin Outlook
1. Short-term moving averages turning: The 5-day and 10-day moving averages are starting to turn downward after flattening. If the price breaks below the short-term moving averages, a short-term downtrend will form.
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2. Momentum indicators weakening: MACD shows death crosses or divergence signals at high levels, RSI falls back from overbought territory, indicating that upward momentum has diminished, and bearish forces are beginning to dominate.
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3. Bollinger Bands under pressure: The price continues to operate below the middle band of the Bollinger Bands and fails to

In my opinion, short-term impact: mainly bearish, the crypto market is likely to be under pressure, with short-term corrections expected, mainstream coins like Bitcoin and Ethereum may see price dips, and there is a risk of liquidation for long positions in the derivatives market.
Medium to long-term impact: if subsequent inflation data continues to rise, the Federal Reserve's policy shift will slow down, making it difficult for the overall liquidity environment in the crypto market to improve, and upward space will be limited; if subsequent employment data continues to weaken, expectations

I believe that traditional gold and the US dollar face risks of being frozen or regulated during sanctions and geopolitical conflicts, while Bitcoin's decentralized nature makes it an important choice for high-net-worth individuals in the Middle East to hedge risks.
This long-term capital inflow will gradually change Bitcoin's market structure, reduce its correlation with risk assets like US stocks, and strengthen its independent narrative of "hedging + anti-inflation."
$BTC #比特币跌破8万美元

August 5th Bitcoin Daily Outlook:
From the daily chart:
​1. Price broke below the 80,000 integer level, the daily candle closed bearish, with a dark cloud cover at the top.

2. MACD red bars continue to shrink, bullish momentum is weakening, and a bearish divergence is confirmed.

3. Bollinger Bands: upper band at 81,500 provides strong resistance, middle band at 77,700 offers support, currently weakening below the middle band.

4. Moving Averages: short-term moving averages are turning downward, with the 15/30-day moving averages shifting from support to resistance.
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