đ„ Bitcoin, Ethereum, XRP, Dogecoin Fall Amid Fresh US-Iran Escalation: Analyst Says BTC Facing 'Final Hurdle' Before Attacking the Highs â The US-Iran escalation is spooking risk assets directly, hitting BTC/ETH/XRP/DOGE prices right now, with an analyst flagging BTCâs final hurdle.
Bhai, the same old story again in the market today â US-Iran tension has risen, and risk assets immediately started running. Bitcoin, Ethereum, XRP, Dogecoinâeverything went down together. Since this is a geopolitical scare, people liquidate first and ask questions later. Bitcoin is currently around $77,590, just slightly below the pivot at $77,722. The analyst says this is the 'final hurdle'âmeaning if this level holds, the attack toward the highs will begin. But the real thing to watch is how strong support at $76,686 is, because the RSI is at 43âneither overbought nor oversold, just hanging in the middle. The MACD is bearish, but the histogram is weakening, and volume is below the average, so it doesnât look like panic sellingâmore like a wait-and-watch situation. The price is consolidating around the EMA20, so the direction isnât clear yet.
Personally, I feel support at $76,686 is extremely strongâif a bounce comes from there, you may see a race toward the $78,052 resistance. But if thereâs another big piece of news from the US-Iran front, this support could break too, and then the path to $75,000 could open up. So for now, the market is on a knife-edgeâany geopolitical tweet is enough to move the price by 5%. Now you tell meâaccording to you, will Bitcoin bounce first to $78K or will it test the $76.5K support? Comment, because this final hurdle will either give a breakout or a breakdown!
#Trading #Binance #Bitcoin #Ethereum #Crypto
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Disclaimer: My personal analysis, not financial advice. DYOR.
Bhai, the same old story again in the market today â US-Iran tension has risen, and risk assets immediately started running. Bitcoin, Ethereum, XRP, Dogecoinâeverything went down together. Since this is a geopolitical scare, people liquidate first and ask questions later. Bitcoin is currently around $77,590, just slightly below the pivot at $77,722. The analyst says this is the 'final hurdle'âmeaning if this level holds, the attack toward the highs will begin. But the real thing to watch is how strong support at $76,686 is, because the RSI is at 43âneither overbought nor oversold, just hanging in the middle. The MACD is bearish, but the histogram is weakening, and volume is below the average, so it doesnât look like panic sellingâmore like a wait-and-watch situation. The price is consolidating around the EMA20, so the direction isnât clear yet.
Personally, I feel support at $76,686 is extremely strongâif a bounce comes from there, you may see a race toward the $78,052 resistance. But if thereâs another big piece of news from the US-Iran front, this support could break too, and then the path to $75,000 could open up. So for now, the market is on a knife-edgeâany geopolitical tweet is enough to move the price by 5%. Now you tell meâaccording to you, will Bitcoin bounce first to $78K or will it test the $76.5K support? Comment, because this final hurdle will either give a breakout or a breakdown!
#Trading #Binance #Bitcoin #Ethereum #Crypto
--
Disclaimer: My personal analysis, not financial advice. DYOR.
