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Cryptocurrency Market on April 20
If it falls below 73,700, go short accordingly. Iran denies negotiations twice, and emphasizes control over the Strait of Hormuz. The US-Iran “deadly weakness” is difficult to untangle; Trump is eager to end the war, and the talks have entered a long-term back-and-forth standoff, but inflation—this chronic killer—makes things hard for the US.
If the strait can’t be opened in the short term, it’s bearish.