$BTC 64,000 is wobbling and on the brink! As Trump’s war gets fought harder and harder, can the bulls still hold this time?

Brothers, Bitcoin is back to 64,000 again. Sounds familiar, right? It used to bounce up whenever it hit this level—but this time, the situation is really different.

Trump’s war with Iran has already entered its fifth month. What was supposed to be wrapped up in a few weeks has only pulled him deeper. The U.S. military has carried out strikes on Iran for 13 consecutive days, with 18 U.S. troops killed. Brent crude has broken above $100, and U.S. gasoline prices have surged accordingly. With the midterm elections coming up, Trump is more anxious than anyone.

What does this have to do with BTC? A lot. Oil prices rising means inflation won’t cool down = the Fed won’t dare cut rates = risk assets get beaten up across the board. BTC may be “digital gold,” but everyone has seen how it’s been performing these weeks: when the U.S. stock market drops, BTC drops with it. Its safe-haven attribute? In the face of tightening liquidity, it’s just a high-risk asset.

Look at the chart: from above 65,400 it was pushed down all the way to 63,666. MA7, MA25, and MA99 are all overhead pressing down, forming a bearish alignment. Current price is 63,950—just that one breath away from the previous low at 63,666. Once this level can’t hold, the next target is 62,000.

MIG’s trading plan:
Short the rebound near 64,300 - 65,000 to enter a short; for aggressive traders, you can try shorting with a small position just above 64,000. Going long—wait for a wick down to stabilize around 62,500 - 62,000, then test again.

Personal view: Geopolitical uncertainty is increasing. A surge in crude oil is not good for risk assets. BTC doesn’t have a logic for a big upside move in the near term—focus on defense first.

#直通IPO第二期JerseyMikes