US IRAN peace agreement is center stage and its development will decide future economy. Crypto & $BTC Commodities like gold oil gas Stocks like Apple, Nvidia, Tesla Real estate Forex Bonds are totally depends on these talks. War consequences starts showing now but still in early stage. Keir starmer resignation, US bond ditches around the globe is not normal. So these talks are very important to revert the full economic blown and you crypto bags.
This chart suggests one more leg lower could happen before a meaningful reversal. Maybe it plays out exactly like this, maybe it doesn't but it reminds us why blindly buying every dip can be expensive.
No indicator or pattern guarantees the future. Markets love invalidating the most popular predictions.
That's why I'm staying focused on risk management instead of trying to catch the exact bottom.
If BTC does sweep into a major demand zone, I'll be watching for confirmation not catching falling knives.
Survive the tough months, protect your capital, and you'll still be around when the next real uptrend begins.
After recent Bitcoin abrupt crash forced to $RENDER to little bit of down but seller are very little so it gets settle on the main support line. I still this will takeoff from here as crypto market start showing better signs.
There's still uncertain behaviour of my meme $PENGU after recent fakeout but better thing is that it still the demand zone where huge liquidity gathering around. As the memes will catch momentum this'll be the top one to lead.
Though 15min tf looks better but overall balance of power is not good. Sellers still dominating and in huge way. What I'm seeing from BITCOIN to touch down 60k and side way to make a stronger support level. After that sweep the liquidity below $59k. If holds that level, I'm seeing some bullish dominance otherwise this will continued.
$UNI breaks out from long descending channel after lot of time. It's giving almost same pattern like that of WLD Uniswap Protocol continues to dominate in decentralized finance with over $1T of trading volume. Narrative start building just like utility.