Of course, this expectation is tied to current events in #MiddleEast, and for me #markets come before #news - the American market is pumping to historical highs without any real justification, and I see this as a precursor to a return to #war_on_Iran very soon.
Nizzarz
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Bearish
Update #bitcoin "Weekly timeframe":
- The 78000-79000 resistance is the key and confirmation of the bottom formation. This is the second test of it, but now the situation is different, as there is a clear divergence between it and the previous peak.
I expect a rebound from the current area and a return to test the previous low, provided the daily support at 75,000 is broken.
- The 78000-79000 resistance is the key and confirmation of the bottom formation. This is the second test of it, but now the situation is different, as there is a clear divergence between it and the previous peak.
I expect a rebound from the current area and a return to test the previous low, provided the daily support at 75,000 is broken.