Bitunix Analyst: White House Pushes Russia–Ukraine–U.S. Talks, Market Turns Cautious; BTC Stalls at $119,600 Liquidity Zone

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On August 19, U.S. President Trump met with EU and NATO leaders at the White House, proposing trilateral peace talks between the U.S., Ukraine, and Russia. He emphasized that “everyone wants an immediate ceasefire.” Documents revealed Ukraine’s plans to purchase $100B in U.S.-made weapons with European funding, alongside a $50B drone cooperation deal in exchange for U.S. security guarantees. Following the meeting, Ukraine’s spokesperson confirmed its conclusion, while Ukrainian forces warned of potential Russian bomber sorties. Trump added that he has spoken with Putin and will arrange a Zelensky–Putin meeting, opening a window for negotiations after nearly four years of war.

In crypto markets, BTC rebounded after holding the $115K support, now facing heavy liquidity at $119,600 with $121K as key resistance.

Bitunix Analyst’s View:

The situation sends mixed signals—peace talks foster optimism while military risks remain. If negotiations advance, risk sentiment could improve, supporting a BTC test of $119K–121K resistance. Conversely, escalation would heighten volatility. Traders should monitor geopolitical developments closely, maintain cautious positioning, and avoid chasing short-term moves. A mid-to-long-term view is advised under uncertainty.

Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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