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Potential positive news that could squeeze out Bitcoin's short positions!
On May 3rd, local time, Trump posted on his social media "Real Social" stating that the United States will launch an operation in the Middle East on the morning of the 4th, guiding ships trapped in the Strait of Hormuz to leave the area.
Trump said that if this operation encounters obstruction or interference at any stage, the U.S. will have to take strong measures to respond. Trump also stated that U.S. representatives are currently engaging in productive talks with Iran, which are expected to bring extremely positive results for all parties.
These news could stimulate Bitcoin prices to continue rebounding, squeezing out short positions above 80k-82k.
Do not short Bitcoin for now.