#BTC 📢 Currently, Bitcoin is facing three major support areas, which are important to closely monitor in order to determine the price trajectory in the upcoming period 🔥 First support: Level $80,600, which is the last strong support in the near term.
Second support: Level $73,800
Third support: If the $73,800 level is breached downward, the price will target the $60,000 area with support at $55,500. If this support is also broken, the price could head towards the $48,000 area, although this scenario is currently unlikely.
👀💥 Possible scenarios
Continued decline: The most likely scenario at the moment is a continued decline towards the $60,000 area over the coming weeks, potentially reaching $50,000 if there is no rebound at the $60,000 levels.
Rebound up ♻️ There is a weak scenario where a rebound from the current areas towards the peak occurs, but this is unlikely due to current geopolitical conditions and negative news putting pressure on the market and reducing risk appetite.
🔥🌍 Influential geopolitical factors
Volatile global events, such as unstable geopolitical tensions and threats to Iran and the likelihood of wars, directly affect liquidity flow in the market and reduce the desire to take risks, which is currently pressuring Bitcoin prices
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