🐝 BTC UPDATE (SUNDAY)
Do not base your trades on this analysis, I am just sharing my thoughts at the end of eventful week.
No buy-volumes, literally no one is buying crypto here. We are not dumping now because bears are sleeping, not because bulls are defending/buying.
Take into account U.S. is planning to strike Iran and yeah.. you got it. We are doomed. The best case we can expect is a retest of $82,500 — then dump again.
🎯 Target? The support is $71,000 - $74,000, most likely we will fake it (breakdown and quick comeback above it). The overall plan is displayed on the chart.
P.S. Set some buy orders in the $63,000 - $66,000 in case of the nasty dump as it was during 10/10.