Markets Reacting to Geopolitics – Is BTC Ready for Volatility?

The structure is still active, while we are seeing increased geopolitical tensions rise. With peace talks failing to occur between the U.S and Iran, and the U.S set to implement a blockade through the Strait of Hormuz, instability is continuing to rise in the markets globally.

Technically, we are see market forces responding to support and resistance, and it is typical that such macro tensions will lead to volatility and large, sustained moves.

If further pressure builds and we continue to see the risk, we will see high volatility in risk assets, whilst respecting levels, will continue to ride structure.

DYOR, NFA