Bitcoin price fell on the news of the conflict in the Middle East, but the market found support. 📉 On the daily chart, the price broke the $64K level and the 200-day moving average, but the support at $60K held BTC and pushed it back up.

On the 4-hour chart, the market showed a bearish trend, but formed a bottom at $60K. It all depends on whether the price can break $64K or is rejected lower.

NRPL analysis shows that despite the consolidation, the market may be preparing for a new bullish rally in the coming months. 🚀