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Bitcoin climbed over $ 107,000 while traders respond to the fact that Israel-iran for now actually holding.

Oil prices have fallen to levels before the conflict, which is given to the providers a reason to feel optimistic again.

But don’t get too comfortable – there is always something to worry. And the focus is now on NATO against Russia.

According to the QCP groupEuropean Defense officials warn that the war could break out for the next five years.

  • Russia has produced more weapons than necessary for the war in Ukraine, upgrading its nuclear plants in Kaliningrad and placing several military bases near European borders;

  • In response, NATO countries agreed to increase the consumption of defense from 2% to 5% of GDP by 2035.

QCP says such things change that investors think about risk because what was once considered to be the worst scenario now only part normal.

And for that, gets harder for markets to understand what is really worth anything.

So the big picture is a mess. However, in the short term … No, it’s also messy.

CRYPTOQUANT AMR TAHA Pointed out this:

1/ Binance open interest (OI) has increased

Binance’s Oi jumped above 6%. The last twice this happened (May 26 and June 10), Bitcoin dipped or started to go aside after.

This is because the growth oi means that more money is inserted futuremainly dealers who use levers = Usually a sign of growing excitement or guessing.

And when things get more speculative, The market becomes fragile. Traders with influence do not have many places for mistakes, so even a small drop in price can flood them to close position, which adds additional sales pressure.

2/ Long -term holders slow down

A statue that shows what long -term owners are up to – LTH net position realized CAP – fell with more than $ 57 billion to only $ 3.5 billion.

This means that they do not accumulate as before, and some could take profit after a recent price gathering.

And since these are usually cold and strategic people, something is to see how they cool.

So, where does that leave us?

There is no clear sign that Bitcoin will collapse. Don’t worry.

But the dip or some side movement would not be surprising.

Disappointed Jim Halpert

Analyst IT tech suggests watching these price levels:

👉 108,25K → interruption above it could trigger a grip toward 109.5k+;

👉 106,4K USD → A drop under it could follow a local return.



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