Man, the last 48 hours in the market felt like a decade.
We saw Bitcoin diving towards $60,000 as the naval blockade tensions around Iran reached a boiling point. The market was clearly pricing in a regional "everything-war" after Tehran's threats to light up the whole map if things go south. It’s the classic "Risk-Off" move; everyone runs for the exits when the word "blockage" hits the headlines.
But then, the Trump-Iran negotiation news leaked. The bounce was insane—liquidating shorts left and right as we teleported back to $70,000 in what felt like minutes. It shows how much of this "Bull Market" is currently tethered to geopolitical stability (or the lack of it).
The problem? The post-talk rhetoric is already turning sour again. Both sides are playing the "tough guy" for their domestic audiences, and we’re seeing BTC starting to bleed out once more.
Are we just stuck in a loop where every tweet or naval movement dictates the price? Or is this just the ultimate "shakeout" before the next leg up? I’m personally keeping some dry powder ready near $62k, but this volatility is getting exhausting even for a seasoned hodler.
What’s your play? Stacking through the chaos or waiting for a clear direction?