War drums!
$BTC @Bitcoin plunged $3,000 overnight—is 77700 a trap or a bargain?
The U.S. military launched a nighttime raid on the Strait of Hormuz, and Iranian missiles struck back, instantly igniting a geopolitical powder keg. WTI crude jumped nearly 2%, while Brent crude returned to the $90 level, but the crypto market collapsed across the board—one large bearish candle on BTC’s 1-hour chart sent the price tumbling from 79384 to 76947, with it currently struggling around 77747.
Technically, the moving averages are arranged bearishly, with MA7, MA25, and MA99 all exerting pressure; the MACD