Bitcoin Hawk Market Brief | March 10th 1️⃣ Oil Price Rollercoaster Yesterday it surged to $130, but Trump's statement that "the war is basically over" sent it plummeting to $80. It's currently fluctuating around $100. We bought in at $80 and sold at the high, successfully avoiding the crash! 2️⃣ War Situation Trump: The war is basically over. Iranian General: Prepared for a 10-year war. In a game of cat and mouse between the two sides, it's hard to tell what's real and what's not. Continue to observe. 3️⃣ BTC Milestone Total BTC supply surpasses 20 million. 95.24% has been mined, with the remaining 1 million expected to be mined in 114 years. This is Bitcoin's strongest narrative: scarcity. 4️⃣ BTC Returns to $70,000 Expectations of easing tensions → Risk assets rebound. However, don't chase the price above $70,000. The situation is not entirely clear; wait for a pullback. 5️⃣ HYPE remains bullish. Entry at $31, target $40 unchanged. On-chain transaction volume surged during the war, directly benefiting DEXs.
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