Bitcoin (BTC/USD) - Fear and Uncertainty

The risks of escalation in the Iran-Israel situation, now with the direct involvement of the USA, are causing a stumble in the markets.

Bitcoin and pre-market stocks are contracting after a day that was setting up very well.

BTC had indeed reached a test of 109k after a higher low, a situation of remarkable strength.

The absorption slightly slows down the action, but does not change the overall structure.

As long as the scenario of maximum strength W is maintained (closures on this TF above 104k), the medium-term remains extremely bullish.

In the short term (D), we are still in a symmetrical triangle, watch out for the loss of 105k, which would imply a lower low slightly altering it.

We'll keep you updated, both on the news and chart side!