$BTC The bulls and bears are in a fierce battle, currently still in an uptrend. Retail shorts are crowded, and we’re sitting at a historical major support level that will dictate the trend for the upcoming week. I'm leaning towards a continued pump; a bull market is just around the corner.


The US-Iran conflict isn’t over yet. A few days ago, when the news broke about the escalation, everyone rushed to short, but the market didn’t play out as expected. There's too many trapped shorts below, and dropping further would be self-defeating.
Since April, we’ve been consistently ramping up, oil prices are climbing, and the Fed hasn't given any dovish signals. Even if bearish news surfaces, it won’t be a big deal. Maybe the crypto bull market is really on the horizon, perhaps as soon as tomorrow.
For my fellow bears, you can refer to my support and resistance level analysis below ⬇️
BTC0.77%
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