$BTC 70K is on the table. The dump already happened. The weak hands already got shaken out. What matters now is what price did after that move.
BTC swept below the channel, trapped late shorts, and then climbed straight back inside structure. That reclaim is the key. When price breaks down and instantly gets pulled back in, it usually means sellers are losing control.
Now we’re sitting in a tight compression under descending resistance. Small pullbacks, higher lows forming, pressure building. This type of structure doesn’t stay quiet for long. Once that trendline gives way, the move toward 67K comes fast. After that, 69K–70K becomes the magnet. That’s where liquidity sits, and price tends to travel where liquidity is.
I’m not chasing strength. I’m positioning before expansion.
If momentum kicks in the way it’s building right now, 70K is just the next stop, not the final one.
The US and Israel have launched major joint military strikes on Iran. This started today with attacks on cities like Tehran and other targets, including Iran's leadership (Supreme Leader, president, military heads).President Trump called it "major combat operations" (sometimes named Operation Epic Fury) to stop Iran's nuclear and missile threats. He urged Iranians to "take over your government" and said it's their chance for freedom. Iran hit back quickly with missiles toward Israel and US bases in places like Bahrain, Qatar, UAE, and Saudi Arabia. Explosions reported in Israel, Gulf countries, and flights canceled in Dubai. Situation is very tense — air raid sirens in Israel, shelters in use, and possible more attacks coming (US plans several days of operations). World reactions: Russia called it dangerous aggression; many countries worried about wider war. UN meetings called.
Other headlines are much smaller compared to this:Some reports of civilian casualties (e.g., Iran claims school hit). Travel warnings for US citizens in the region (shelter in place in Israel, caution in Saudi Arabia, etc.).
🇸🇦🇺🇸🇮🇷 Saudi Arabia says it is now granting full airspace access, equipment, and intelligence support, warning that if it is attacked, its airspace will be open adding that retaliation would come only if necessary. Also, allowing flights and whole mobilisation from Saudi soil.
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24 hours ago, Oman’s Foreign Minister announced a peace breakthrough.
Iran agreed to give up enriched uranium. He said peace was “within reach.” Today, the US and Israel launched the largest joint military strike on Iran in history. Here’s everything you need to know: It started in 2024. Israel killed Hamas and Hezbollah’s top leaders. Then struck Iran directly and destroyed nearly all of its air defense systems. Iran was left defenseless from the air. June 2025: the IAEA confirmed Iran had enough enriched uranium for 9 nuclear warheads. One day later, Israel launched “Operation Rising Lion.” 200+ jets. 100+ targets. Mossad agents inside Iran destroyed missile launchers from the ground. Israel seized Iranian airspace within hours. The US joined on June 22 with bunker busters on underground nuclear sites Israel couldn’t reach. A ceasefire came June 24. Iran’s nuclear program, missile arsenal, and air defenses were devastated. Then the economy collapsed. The rial hit record lows. Inflation 42%. Food prices up 72%. Cooking oil doubled overnight. The government boosted security spending 150% while offering wage increases worth 40% of inflation. They spent on guns while the people starved. December 28, 2025, shopkeepers in Tehran’s Grand Bazaar went on strike. It spread to all 31 provinces. The largest uprising since the 1979 revolution. Protesters demanded the end of the Islamic Republic. January 8, 2026, Khamenei ordered forces to show no mercy. Security forces on rooftops fired into crowds. At least 7,000 confirmed dead. Some estimates say 30,000+ in 48 hours. Internet was cut nationwide to hide it. Trump warned Iran. Then deployed the largest US military buildup in the Middle East since Iraq 2003. Two aircraft carriers. Guided-missile destroyers. The EU designated the IRGC a terrorist organization. Iran tried to seize a US tanker in the Strait of Hormuz. A US F-35 shot down an Iranian drone. Iran ran live-fire drills and temporarily closed shipping lanes. Oil spiked 7%. Negotiations continued. And yesterday, a breakthrough was announced. Then today happened. February 28, 2026. US codename: “Operation Epic Fury.” Israeli codename: “Operation Roaring Lion.” Strikes across Tehran, Isfahan, Qom, Karaj, Kermanshah. Strikes near Khamenei’s compound. Satellite images show destroyed buildings. A reported strike on a school killed 40-50. Trump called for regime change. Told Iran’s people: “Take over your government. The hour of your freedom is at hand.” US officials say this is a multiday campaign. Congress was not consulted. Iran responded immediately. For the first time ever, struck ALL US bases in the Gulf simultaneously. Qatar. Kuwait. UAE. Bahrain. Missiles targeted Israel. Intercepts over Dubai, Doha, Abu Dhabi. Multiple Gulf states closed airspace. The only Gulf state not hit: Oman. The mediator who said peace was within reach yesterday. 20% of the world’s oil passes through the Strait of Hormuz. That strait is now a war zone. Goldman says oil could top $100. Expect a massive risk-off when markets open Monday. This is one of the most significant geopolitical events of the 21st century. The next few days will be EXTREMELY volatile, but don’t worry, I’ll keep you updated as this develops. Turn on notifications so you don’t miss anything $BTC $NVDAon $SOL
The dip didn’t get continuation and bids stepped in quickly, which looks more like absorption than distribution. Buyers are still defending structure well and downside momentum failed to expand. As long as this area holds, continuation higher remains the cleaner path.