The BTC rate came to test the remaining important supports. Three, which were written about in the morning review:
- EMA 50 daily TF (currently $61,438),
- Pool from the volume level of $61,231 and the level of 0.618 according to the local Fibonacci ($61,169).
For now,#BTCprice is back above EMA 200 of the 4-hour TF. If these supports are broken, the next target is the volume level of $59,335.
Meanwhile, in Israel:
-Biden ordered the US military to provide support to Israel in defending itself against attacks from Iran.
- The New York Times reports that US Defense Secretary Lloyd Austin, in a phone call with Israel's defense minister, "made clear that the United States is prepared to protect American personnel, allies and partners in the face of threats from Iran and Iranian-backed terrorist organizations."
- The media are currently reporting a second wave of rockets flying towards Israel.
- Iran's UN mission made it clear that there will be no war unless Israel responds to the Iranian attack:
"Iran's legitimate, rational and lawful response to the Zionist regime's terrorist acts, which included attacking Iranian citizens and interests and encroaching on the national sovereignty of the Islamic Republic of Iran, has been duly carried out. If the Zionist regime dares to respond or commit further acts of malice, there will be a subsequent and crushing response."
But for now, judging by the scale of the attacks, it is difficult to imagine that there will be no response.
Escalation is possible. Israeli authorities have not yet commented or made it possible to understand their intentions.
