In this scenario, who is leading the market (considering this geopolitical crisis) is the $BTC . Bitcoin is undergoing a pullback ranging from the 109 - 102 region, with strong support at 100. As long as this region is not lost, the market tends to respect current prices, with minor natural corrections within the structure.
On the other hand, if BTC breaks this support, it is quite likely that we will see a sharper and massive decline in the market as a whole.
But it is still early. We need to continue monitoring the news and the movements of the S&P 500, which needs to remain above 6,000 points.
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In this scenario, BTC is leading the market.
Bitcoin is currently undergoing a pullback ranging from the 109k to 102k region, with a strong support level around 100k.
As long as this support holds, the market is likely to respect current price levels, with minor, natural corrections within the structure.
However, if BTC breaks below this support, it’s highly likely we’ll see a sharper and more significant drop across the entire market.
But it’s still early. We need to keep monitoring the news and the movements of the S&P 500, which needs to stay above the 6,000 level.