🔥 Bitcoin Situation

Bitcoin 76 666$. In my opinion, for the continuation of the growth, now there will be a sweep of stops at 74 500$ and then a move further to 80 000$.

From the negative, news about the resumption of the war in Iran could also come up for this. Then we can go down to the bottom of the channel, to 70 000$. All this still doesn’t change the upward structure. This is a local correction after the rise from 65 000$ to ~80 000$ in March. 

I see it like this: they take out the longists’ stops at 74 500$, and as the price falls, a bunch of shorts jump in; then the price rises to 84 000$.

All in all, it may take 2 weeks. In 2 days, we’ll already have a new head of the Fed, so the market will clear out now, and the path upward amid his dovish statements ahead of the Fed meeting in June will send Bitcoin to 84 000$. 

Plus the war of the US in Iran—by common sense, by the World Cup on June 11 in the US, it should be over. The US war and the World Cup in the US are definitely not in Trump’s interest—bombing Iran’s population and hosting the international World Cup at home in the US. Unless, of course, they’re really d...s; then they should finish the war before the World Cup.

The magic ball still doesn’t show...:)

#比特币Breaks79K