Hey traders and investors,
Just wanted to share my thoughts as $BTC continues forming lower lows, currently hovering around $101K. Here's what I'm watching closely and how I’m planning my next moves:
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🔍 What Might Happen Next?
1. Short-Term Bounce Potential
If Bitcoin holds above $100K for the next 24 candles, we might see a bounce, and the familiar range-bound trend (100K–112K) could continue.
2. Geo-Political Impact: Iran–Israel Tensions
If tensions ease between Iran and Israel, BTC could start recovering from this level.
However, if the conflict escalates, expect more downside pressure.
3. US–Iran Developments
Any continued military action from the US could drag BTC down further, testing the next support zone between $91,500 – $93,300.