$BTC looks ready for further downside toward the $72,500 area. However,
before that move, there is a high chance
price may first tap the $78,000-$78,500
zone.
Overall, the market structure looks bearish, and the bias remains short- oriented.
If entering a trade, I would only do it with a local stop-loss and consider building the position gradually using a grid-style entry, instead of going all-in at once.
Risk management is key here. No need to rush - let the price come to the levels.
🛢📈❗️ — Brent crude oil is now above $111 dollars per barrel and increasing.
🛢📈❗️ — Brent crude oil is now above $111 dollars per barrel and increasing. $CL Do not waste time #Trump'sIranAttackDelayed #USGOPSeeksPermanentCBDCBan
🚨 GLOBAL ALERT: Markets are entering a dangerous zone.
🚨GLOBAL ALERT: Markets are entering a dangerous zone. Oil has just surged past $110 as tensions in the Middle East continue to escalate and fears of supply disruptions grow. At the same time: 🇺🇸U.S. Treasury yields are on the rise Inflation fears are creeping back The market is starting to price in prolonged high interest rates Futures are trending down #Write2Earn #BlackRockAdds3.14MMSTRShares #Market_Update $BTC $OPEN $CL