$BTC is about to retest the resistance and then continue the downtrend. Beware we are officially in Bear market any $BULL sentiment will lead to catostrophic results…!
he Resistance: The immediate line in the sand is $76,150. If BTC can convincingly break and close above this, it opens the door to test the major macro resistance band between $77,486 and $80,501. The Support: On the downside, $73,000 is acting as a crucial short-term psychological floor. If that cracks, analysts are eyeing deeper cushions at $71,500 and $68,900 to absorb the liquidations.
$BTC last line of defense if breaks down then we are doomed. If bounced up then visiting 79-82k is quite possible. Crossing 86.5 will take us to months of relief before continuation of bear market. #USIranStandoff Is a crucial thing to decide eventual outcome