Good morning friends ☀️

With the increase in Israel-Iran tensions,#Bitcoinhas fallen below $60,000 again.

This week, CPI and PPI inflation data will be announced in the US. It seems like it will be a very active week due to the data to be announced and war news.

The night close was at $58,700. Since the close was very close and above support, it would not be right to say that $59k was lost. There should have been a higher volume and lower close for the loss of support.

Therefore, there is still a possibility that the price will rise by taking support from the $58-59k range. We took profit from the transactions we opened around $50k and added a stop to the entry. Since the support was not lost, we will continue these transactions with an entry stop.

The VIX fear index had risen to 65 and was posing a serious threat to the markets, but as of now, it has fallen to around 20, which is normal levels. This situation shows that risk-on mode can now be switched to this week.

Since we are in an important week, I will share current data and analysis frequently, friends.

I wish everyone a nice day and good earnings.