LIVE๐ Get ready for another potential BTC crash! My analysis suggests we're in for more downward movement. Approach long positions cautiously for now. ๐ฌ
Consider shorting at $64,200, aiming for $58,000 as the first target with a possible bounce, but if not, look towards $55,000. July might be the earliest for a serious bull run. ๐ฐ
And no, it's not because of Iran! But remember, if a war erupts, all bets are off. Geopolitical tensions can heavily influence market sentiment. Keep this in mind while navigating the market. ๐จ
For those eyeing $45k or $42k, I'm skeptical. Market sentiment can be volatile, but breaking $50k might signal a new bear market. Keep a close eye on trends and indicators. Stay alert, folks! ๐ป
Remember, in times of uncertainty, it's crucial to diversify your portfolio and not to invest more than you can afford to lose. Emotions can run high during market turbulence, so stay calm and stick to your trading plan. ๐ช๐