BITCOIN TECHNICAL OUTLOOK Bitcoin has faced several major resistance levels recently but failed to break above any of them, showing clear weakness in market momentum. With growing geopolitical risks and the latest security breach at Binance, I expect much deeper downside moves for BTC. My initial downside target is $74,000. WHAT COULD TRIGGER THE NEXT CRASH? Tensions between Iran and the United States are rising again, and the possibility of renewed military action is becoming a serious …
Summary
- BITCOIN TECHNICAL OUTLOOK Bitcoin has faced several major resistance levels recently but failed to break above any of them, showing clear weakness in market momentum.
- With growing geopolitical risks and the latest security breach at Binance, I expect much deeper downside moves for BTC.
- Tensions between Iran and the United States are rising again, and the possibility of renewed military action is becoming a serious concern.
- Recent reports suggest that Washington is considering another military campaign, while diplomatic efforts have yet to produce a lasting solution.
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