Resistance has now been tested three times at the same zone (78,200–80,200), making it a strong supply area with consistent rejections. On the other hand, the bear flag support is gradually rising by around $100–150 each day and is currently sitting near 71,300–71,350, showing how close price is getting to a potential breakdown and execution of this bearish pattern.
Friday is typically the most volatile day of the week, so sharp moves are expected. Meanwhile, Iran still hasn’t shown any clear intention to engage in peace talks, which could continue to add pressure on the market.#btc #eth #1000x #why #MUBARAKAH