BREAKING: BTC breaks above $69,000 and ETH breaks above $2,000. Bitcoin is up 5.57% in the last 15 hours, adding $80 billion to its market cap. Ethereum is up 6.06% in the last 15 hours, adding $14 billion to its market cap. The Crypto market has added $110 billion in the last 15 hours, liquidating nearly $120 million in short positions. $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT)

There are reports of US aircraft moving out of Saudi bases. If these reports are true, the recent bounce across financial markets like Gold and Bitcoin may actually make sense. Arab countries distancing themselves from the conflict could reduce the pace at which oil prices are rising. Slower oil inflation would take some pressure off the dollar. A slightly weaker dollar tends to support assets like Gold, Bitcoin, commodities, etc. Not saying the crisis is over, but this could be one of the reasons we are seeing a relief bounce across markets. Most of the time the news shows up in charts first or it is hidden in financial charts. The bounce in #Bitcoin and even in the US500 could be hinting that this report may actually have some truth to it.

GM ☕️ #Bitcoin $Btc 4h 🐂