With the ceasefire agreement nearing its expiration, the Bitcoin price chart is even more volatile than the situation in the Hormuz.

2026-04-20 08:54:38
Shareshare
The recent turmoil in the Persian Gulf has been immense, and the suffocating atmosphere in the crypto market is palpable even through a screen. The market has been whipsawing and wildly fluctuating, a true rollercoaster ride. The weekend's Middle East events reignited market sentiment, with the threat of artillery fire from the Strait of Hormuz becoming a "heartbeat" for BTC. For those holding spot positions, analyzing candlestick charts now feels less like analysis and more like "guessing the direction based on the sound of gunfire." Evening Trading Strategy: BTC: Short near $75,000, target $73,000-$72,500. ETH: Short in the $2330-$2350 range, target $2200! Disclaimer: Investing involves risk. The above views are for reference only; you are solely responsible for your investment decisions.
Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact
More exciting content is available on
X(https://x.com/MyTokencap)
or join the community to learn more:MyToken-English Telegram Group
https://t.me/mytokenGroup