#BTC The Iran war won't end before oil prices remain elevated, and there's even a possibility of interest rate hikes within the year. The market's pricing behavior is not about speculating on current prices, but rather on expectations. Recently it's still a rhythm of rebound selling + continued pullbacks. The short-term target is the 64-66k support at the shark pattern PRZ, but it may not be the bottom of the larger cycle.
#BTC The Iran war won't end before oil prices remain elevated, and there's even a possibility of interest rate hikes within the year. The market's pricing behavior is not about speculating on current prices, but rather on expectations. Recently it's still a rhythm of rebound selling + continued pullbacks. The short-term target is the 64-66k support at the shark pattern PRZ, but it may not be the bottom of the larger cycle.