🔥 BTC Cools Off — $115K Breached Even With Putin–Zelenskyy
莱特币是腊鸡
Updated at: 3 hours ago
{"content":"🔥 BTC Cools Off — $115K Breached Even With Putin–Zelenskyy Meeting in Focus
Tuesday's bitcoin price is down roughly 5% from last week's record high of $124,474.
Trump contacted Putin to organize trilateral meetings with Zelenskyy and Putin.
Treasury businesses like Metaplanet and Strategy acquire BTC at current prices despite its weakness.
Bitcoin (BTC) fell below $115,000 on Tuesday, down roughly 5% from last week's record high of $124,474.
Trump to organize Russia-Ukraine trilateral summit.
On Monday, Ukrainian President Zelenskyy and many European leaders met with US President Trump at the White House to discuss ending the Ukraine conflict. This follows Trump's Friday encounter with Putin in Alaska.
Monday's meeting revealed that Trump would organize trilateral discussions with Putin and Zelenskyy. This enhances prospects for a settlement in the Russia-Ukraine conflict and might improve risk-on attitude and Bitcoin prices.
Treasury corporations buying Bitcoin falls.
Tuesday's bitcoin price is below $115,000, down roughly 6% from its record high of $124,474. Treasury businesses like Metaplanet and Strategy bought 1,185 BTC on Monday, despite this price drop.
QCP analyst predicts sideways trading, with falls around 112,000 drawing buyers and rallies near 120,000 matching supply until Fed Chair Powell's speech on Friday.
Bitcoin price forecast: Momentum indications weaken
Bitcoin hit a record $124,474 on Thursday but fell 4% the same day. BTC traded about $117,300 over the weekend. BTC fell below $116,300 on Monday. As of Tuesday, it is trading below an ascending trendline created by connecting numerous lows since early April.
BTC may fall to $111,980 if it closes below its 50-day Exponential Moving Average (EMA) at $115,046 and the upward trendline daily.
BTC might rebound to its psychological milestone of $120,000 if it finds support around the 50-day EMA at $115,046 and closes above $116,000.
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