Bitcoin With High Volatility | BDSwiss Market Moves on MT4

-Bitcoin Volatility After a password was compromised for the social media platform X (formerly Twitter), a tweet had been spread. The false claim has been made that the Bitcoin ETF has already been approved. The price of Bitcoin had then sharply risen followed by a sudden decline. The market had followed with important technical levels, as the USD 48,000 zone marks a strong resistance zone, which had been tested. Market participants had long speculated when an approval might happen. After the quick test of this higher price zone now falling prices might follow, should the technical resistance zone not be broken. -Houthi Attacks The Houthi rebels continue to attack targets in the Middle East. After their initial attacks on cargo vessels now the situation seems to escalate further. US ships patrolling in the region stated that they had shot down eighteen drones, two anti-ship missiles as well as well as one anti-ship ballistic missile. The price of oil seems less keen on moving higher and still remains sideways. Also, Gold prices remain rather bound to lower areas. The situation remains tense and with no peace in sight between Hamas and Israel could escalate further. -Market talk The US- Dollar shows some small signs of a potential reversal. The USD- Index (US_DX) is moving higher and has crossed the downtrend towards higher levels. This could mark a strong reversal in the making and cause headwinds for equities. Stock markets have been on the rise recently but might not show further potential towards higher levels. The recent resistance levels have not been broken and markets look like they are in a waiting pattern for now. Silver and Gold look weak and might break lower today. The market direction might mainly be driven by the movement of the Dollar today. Check the UPCOMING WEBINARS here: • Download the BDSwiss iOS app: • Download the BDSwiss Android app: • Join our Telegram Channel: • Like us on Facebook: • Follow us on Twitter: • Follow us on LinkedIn: • Follow us on Instagram: • Subscribe to our Channel: Your capital is at risk. T&Cs apply.