#WhatNextForUSIranConflict
Bitcoin is recovering strongly after the geopolitical shock from the Strait of Hormuz news, bouncing back from ~$73K to ~$75.4K.
Momentum is turning bullish again as price reclaims key structure levels and holds above major EMAs.
Setup:
Entry bias: Long on pullbacks above $74K support
Target: $78,000 (recent high / liquidity zone)
Stop-loss: Below $73,000 (shock low invalidation)
Why it works:
Strong ETF inflows (~$996M weekly) supporting demand
Price back above 10/20/50 EMAs
RSI neutral-bullish (~55–60), room to expand
Market absorbing geopolitical fear → recovery structure forming
⚠️ Volatility remains elevated due to Middle East risk headlines — expect sharp wicks.
Bias: Bullish continuation unless $73K breaks decisively.