Markets· ★★★· bearish·

Bitcoin retreats from $82,000 on Middle East escalation and TD Sequential signal

  • BTC rose from $75,000 to $82,000 in days, the highest since the start of the month
  • The U.S. State Department warned of escalating conflict between Saudi Arabia and the Houthis
  • TD Sequential flipped to a sell signal at $81,500 after a buy at $75,000
  • Trump and Netanyahu cut trips short amid escalation risk
Why it matters: Geopolitical risk in the Middle East and a technical sell signal could deepen a BTC correction after the rally from $75,000.
Source: CryptoPotato