💥Macro pressure has been hitting markets hard lately.

Fed officials continue to warn about sticky inflation while US-Iran tensions are keeping oil prices elevated — both factors reducing overall risk appetite across markets. Bitcoin has reacted accordingly, pulling back over the last few days alongside equities and altcoins.

But technically, $BTC is now approaching a key support/resistance flip zone that I have been watching closely.

The selloff momentum also appears to be slowing down compared to earlier in the week. If macro fears cool even slightly — especially around oil or Fed expectations — Bitcoin could attempt a bounce from this area. I am holding firm on my position.

As always, volatility is being driven more by macro headlines than crypto-specific news right now.

The next few days could be very important for BTC direction. 👀

DYOR. Not financial advice.