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On March 22, the Iranian military stated that several hours earlier, an enemy F-15 fighter jet was intercepted and struck by Iranian air defense forces surface-to-air missiles in airspace near the southern coast of Iran and the island of Hormuz. An investigation into the incident is underway.British Cabinet Minister Reid: There is currently no assessment to confirm that Iran plans to attack the European capital or has the capability to do so.RIA Novosti: Russian troops have taken control of Potapivka in eastern Ukraine.On March 22, Kirill Dmitriev, Russias Special Representative for Foreign Investment and Economic Cooperation, stated on social media that the EU and the UK will face a fuel crisis within two to three weeks and will be forced to implement rationing to regulate supply. "According to predictions, fuel rationing in the UK and the EU is imminent. The crisis will become clear within two to three weeks," Dmitriev wrote on the X platform on the 21st. "The reality is harsh." He also posted a photo of European Commission President Ursula von der Leyen and EU High Representative for Foreign Affairs and Security Policy Maria Kalas, among others. "Remember these people when youre at a gas station," he wrote.March 22nd - For investors eager to "buy the dip," institutions generally offered cautious advice. "Technical analysis indicates that gold prices have clearly broken through the key support level of the 60-day moving average, meaning further downside potential may be unlocked," one trader advised. Given that negative factors such as the Feds monetary policy and the dollars performance are still unfolding, the short-term downtrend is not yet over, and ordinary investors should not blindly try to catch a falling knife. They should wait for gold prices to consolidate and stabilize within the $4400-$4600/ounce range before gradually accumulating positions for medium- to long-term holding.

BTC Fear & Greed Index Maintains Stability Despite Bitcoin's Return to $21,000

Daniel Rogers

Oct 31, 2022 16:35

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Bitcoin's (BTC) price increased by 1.08% on Saturday, ending the day at $20,833. Notably, BTC has reached $21,000 twice since September 13. Following the release of US economic data on Friday, market expectations of a December Fed pivot continued to be supported. The Bitcoin Fear & Greed Index remained unchanged at 34/100 as Fed anxiety diminished.


Bitcoin (BTC) climbed by 1.08% on Saturday. BTC concluded the day at $20,833 after a 1.53% increase from Friday. Notably, BTC closed the day at $20,000 for the fifth consecutive session, and for the second time since September 13 it reached $21,000.

 

BTC fell to a morning low of $20,576 following a mixed start to the day. BTC rose to a late-morning high of $21,094 without touching the First Major Support Level (S1) at $20,174. BTC surpassed the First Major Resistance Level (R1) at $20,908 before retreating to finish the day below $20,900.

 

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The rebound to $21,000 illustrates the ongoing shift in market sentiment towards Federal Reserve monetary policy.

 

The August US CPI report put Bitcoin and the broader market into a downward spiral on September 13. This week, the expectation of a Fed turnaround in December has provided market support. The Fed's influence on BTC is likely to persist in the near future, maintaining the correlation with the NASDAQ.