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Potential positive news will wipe out short positions in Bitcoin!
On May 3rd local time, Trump posted on social media "Truth Social" saying that the United States will initiate an operation in the Middle East on the morning of the 4th to direct the ships detained in the Strait of Hormuz to leave the area.
Trump said that if this operation faces any obstruction or interference at any stage, the U.S. side will have to take strong measures in response. Trump added that American representatives are currently in fruitful talks with the Iranian side, and these talks are expected to yield very positive results.
This news will encourage continued rise in Bitcoin's price, and unload short positions at the level of $80,000 to $82,000! Do not take temporary short positions on Bitcoin.