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BTC/USD: New Overhead Resistance at $80,469 Looks Pivotal
The best method to identify a classic “price action reversal” is for an hourly candle to close, such as a pin bar, a doji, an outside or even just an engulfing candle with a higher close. You can exploit these levels or zones by watching the price action that occurs at the given levels. In my last BTC/USD forecast last Thursday, I thought that the key thing to watch out for on the bullish side would be a breakout above the $77,000 area, which was confluent with the upper trend line of the descending linear regression analysis. I was also looking for a breakout beyond $78,000. These breakouts did not happen until ... (full story)
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From moneycheck.com|May 4, 2026On May 3, President Trump unveiled “Project Freedom” — a comprehensive U.S. military initiative designed to provide safe passage for commercial vessels navigating through the ...
From @MarketsCapApp|May 4, 2026|13 commentsJust in | Ukrainian President Zelenskiy emphasizes the need for strategic planning in the event that Russia continues its aggression.
From fool.com|May 4, 2026Can Bitcoin -- the world's most valuable cryptocurrency -- ever surpass Apple -- the world's most valuable company -- in market cap? As might be expected, there's a prediction ...
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From @financialjuice|May 4, 2026|342 commentsBREAKING: Two missiles hit a US warship near Jask Island after it ignored Iran's warnings - Iran's Fars News Agency Iran's new Hormuz ‘control zone’ stretches to Fujairah - Tasnim
Two missiles hit a US warship near Jask Island after it ignored Iran's warnings - Fars Iran’s Fars News Agency reports that two missiles struck a US warship near Jask Island after it allegedly ignored repeated warnings to exit Iranian territorial waters. The incident marks a fracture in the fragile ceasefire that has been in place since early April and occurs just as the Trump administration launched Operation Project Freedom. The strike near Jask Island follows weeks of escalating rhetoric since the failure of the Islamabad peace talks. Iran's Revolutionary Guards warned that coastal defense batteries remain on high alert to target any ship attempting to bypass Iranian checkpoints without authorization. Oil prices jumped and US futures dropped as the risk sentiment turned negative on this latest escalation. IRANIAN NAVY CLAIMS THEY STOPPED U.S. WARSHIPS FROM ENTERING THE STRAIT OF HORMUZ, ACCORDING TO STATE TELEVISION.
From @financialjuice|May 4, 2026|2 commentsECB's Kazimir: Increasingly likely that Europe is facing a prolonged period of broad-based price increases
From @BarakRavid|May 4, 2026|193 commentsSenior U.S. official denies a U.S. ship was hit by Iranian missiles
Senior US official denies a US ship was hit by Iranian missiles - Axios Global Affairs Correspondent for Axios, Barack Ravid, said on X that a senior US official denied Iranian missiles hit a US warship. This has triggered a quick reversal in earlier moves after Fars News Agency reported that two missiles struck a US warship near Jask Island after it allegedly ignored repeated warnings to exit Iranian territorial waters. We are likely to get more of such conflicting reports in the next days as tensions in the Strait of Hormuz remain high. This should keep oil prices elevated and risk sentiment a bit more in check as things could escalate very quickly. For now, US stocks are ignoring these risks on expectations that eventually the Strait of Hormuz will be reopened, but the longer this stalemate drags on, the higher the risk that the Fed would need to adopt a tightening bias.
