*BTC UPDATE BY ABC-WORLD*

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CURRENTLY BTC IS MOVING AT 67K AND HAS BEEN REJECTED FROM 68K TREND LINE REJECTION ZONE.

ON LARGER TIMEFRAME IT SEEMS THAT BTC WOULD ONCE AGAIN MOVE DOWN TILL ITS TREND LINE SUPPORT. HOWEVER RETEST AT CURRENT POSITION IS ALSO EXPECTED TO BREAK THE RESISTANCE AND CAN MOVE TILL 70K.

DAILY CANDLE CLOSING IS ALSO A BEARISH SIGN IF IT CLOSES BELOW 67500.

PREVIOUS THRICE REJECTIONS AT THIS ZONE ALSO INDICATE A SIGNIFICANT STRENGTH OF THIS RESISTANCE ZONE.

IF BTC MOVES DOWN GRADUALLY, THEN IT CAN TOUCH 46K ZONE IN A MONTH.

FUNDAMENTALLY THERE ARE NEWS ABOUT A PLAN ,OF ATTACK ON IRAN BY ISRAEL. IF IT OCCURS THEN MARKET CAN ALS9 MOVE DOWN QUICKLY.

LASTLY, I WILL PLAN TO OPEN MORE SHORT POSITIONS INSTEAD OF LONG POSITIONS WITH SAFE LEVERAGE AND MARGIN.

ALWAYS GO WITH SAFE LEVERAGE AND SAFE MARGIN, REGARDLESS OF ANY DIRECTION OF THE MARKET,LET IT GO AS IT MOVES.

ALWAYS DO YOUR OWN RESEARCH (DYOR) BEFORE OPENING ANY FUTURE POSITION.

REGARDS:

ARSHMAN BILAL

(ABC-WORLD)