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⚠️ALERT: $BTC has now round-tripped every Hormuz "reopening" headline rally 4 times this month.
1. April 8-13
Two-week ceasefire was agreed, involving the re-opening of the strait. Then Trump ordered the naval blockade and Islamabad talks failed.
Round-trip from $72,750 to $70,600 (-$2,150)
2. April 17
Iran FM declares strait "completely open". Then reversed until the US lifts its blockade of Iranian ports.
Round-trip from $78,300 to $74,300 (-$4,000)
3. April 21-22
Trump extends ceasefire indefinitely. But Iran reportedly had "no plans" to negotiate with the US.
Round-trip from $79,000 to $77,500 (-$1,500)
4. April 27
Iran reportedly delivering a new proposal to the U.S. aimed at reopening the strait. Iran hasn't confirmed this yet.
$BTC rose to $79K on the news, but has since slipped to $77.6K, with no fresh catalyst.
Bitcoin is already CRASHING with no news behind it.
That is the most honest SIGNAL markets have given on the "reopening" proposal.
#WCTCTradingKingPK #比特币Breaks79K #CryptoMarketsRiseBroadly