Quick #Bitcoin Update :

These are the possible levels in Bitcoin’s chart where we could see a potential reversal.

Firstly, I would say Bitcoin is still safe for now, as it is holding the key level of $61K.

However, in the worst-case scenario, considering recent news from Israeli media reporting that the government has agreed on a ‘harsh response’ to Iran, tensions in the region are escalating.

As a result, we could see a drop down to the strong demand area ($56K–$57K) as well as to the ascending trendline (support), from where Bitcoin previously bounced back successfully. $BTC