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This time, Trump finally isn't just all talk.
On one hand, he says negotiations with Iran are going well, and on the other hand, he puts power plants, oil fields, and Kharg Island on the table.
The market's first reaction was of course to push prices up.
But the second reaction was just as honest.
Progress in negotiations doesn't mean the risks are over.
Oil prices are still high, and the Strait of Hormuz issue hasn't been resolved.
So the long upper shadow on BTC is not surprising at all.
Bluster can ignite emotions,
but it can't move the real uncertainties 😂