#IsraelIranConflict If we look at past data, whenever a war situation at high scale between two countries was created we saw a dump just like in 2024 april. Now the same thing is happening, Israel can attack Iran with the support of the USA that can cause a crash. US officials already declared a warning about that situation. This crash will be bigger than expectations because we got a straight upward move from $74K to $112K without any weekly retracement. Last time Iran Israel war caused almost 35-40% drop in #BTC . But this time it can go higher like 50% because the USA will be involved in it. So the main level that can act as an attractive level is the $65K - $70K zone.In short words that conflict is looking bearish and we can see a $70K zone in the next 1-2 months.There are rumors FED will cut 100 pips policy/interest rate because Trump is forcing FED chair. Even with the fed cut rate, we will get an upward spike and then again a downward move. There is a question: why will the market go down when rate cuts even money will flow into risk assets? Here is answer:The upward move we discussed will be just due to good news. Market is already at ATH. Smart money will have the best chance to take exit here. Then a downside move will be played out where retailers will sell off and smart money will again get a chance to buy at lower prices. Now let’s suppose the FED does not cut rates and keeps the same. Market will still take a dip because many traders are buying on just rate cut  hopes that will impact them and we see sell off as a result. Now let’s discuss about technical analysis.