Hope $BTC respect my level in upcoming days. Be careful guys.
BTCUSDT
Perp
68,505
+1.29%
Post
The current bullish candle may be nothing more than a classic trap driven by the Trump headline. The market reacted to de-escalation hopes and the possibility of avoiding strikes (with oil dropping sharply), pulling in retail FOMO and short covering.
However, the situation remains fragile, and with Iran still defiant, there are likely liquidations ahead — especially from longs caught in the hype — which could push price lower before any sustainable move upward.
In the coming days, I expect $BTC to move lower, sweeping liquidity before any real continuation higher. Open Interest has been declining steadily over the past two weeks, signaling reduced participation.
My POI is in the 65–62K range. I remain bearish overall and expect Bitcoin to test the 66K–65K zone by the end of this week as the relief rally fades and uncertainty persists.
Stay cautious — avoid chasing this move. Long liquidations are still likely, and the extension of the re-escalation timeline does not indicate a shift in trend.
#BTC #iran #TRUMP
However, the situation remains fragile, and with Iran still defiant, there are likely liquidations ahead — especially from longs caught in the hype — which could push price lower before any sustainable move upward.
In the coming days, I expect $BTC to move lower, sweeping liquidity before any real continuation higher. Open Interest has been declining steadily over the past two weeks, signaling reduced participation.
My POI is in the 65–62K range. I remain bearish overall and expect Bitcoin to test the 66K–65K zone by the end of this week as the relief rally fades and uncertainty persists.
Stay cautious — avoid chasing this move. Long liquidations are still likely, and the extension of the re-escalation timeline does not indicate a shift in trend.
#BTC #iran #TRUMP