Rising tension between #Iran and the #UnitedStates is starting to impact the market.

#Bitcoin has dropped around 4% after hitting above $78,000 and is now trading back inside the range between $73,700 and $76,000.

Right now, $BTC is holding below $76,000 on the 4H timeframe, showing weakness. There is a chance price moves toward the CME level near $77,700, but only if strength returns.

If price loses $73,700, then a move toward $70,000 becomes likely.

Market is giving good trading opportunities, stay focused on price action.

Trade smart $BTC

BTC
BTCUSDT
74,794.5
-0.53%