BTC H1 is showing a divergence.
I still expect BTC to keep dropping toward the $53k–$55k range, likely until June 29.
On the geopolitical side, Iran reportedly attacked a Singapore-linked oil tanker near the Strait of Hormuz. Right now I'm waiting to see how the U.S. responds. If the U.S. comes out with a more aggressive statement, that could be another catalyst to push the market lower.
$BTC
#JuneHistory #BearMarketAnalysis
I still expect BTC to keep dropping toward the $53k–$55k range, likely until June 29.
On the geopolitical side, Iran reportedly attacked a Singapore-linked oil tanker near the Strait of Hormuz. Right now I'm waiting to see how the U.S. responds. If the U.S. comes out with a more aggressive statement, that could be another catalyst to push the market lower.
$BTC
#JuneHistory #BearMarketAnalysis