$BTC | Analysis | DYOR

$BTC | Analysis | DYOR

All targets wiped out, liquidity in terms of long stop orders, lately entered long futures positions and high leverage gamblers collected.

I was searching web for latest news about a conflict between Iran and Israel this morning, what expected is that a confrontation would not probably continue. If this is the case I expect that price will stay below Fib 50% (discount prices zone) for some time accumulating more positions by whales, of course respecting a low that unfolded yesterday by aggressive sell off caused by conflict. I highlighted two FVG for you that can be the next targets for Bitcoin. If you followed my analysis yesterday about Bitcoin (you bought), than do not rush to move your stop loss orders higher, let price fluctuate, let your already profitable trade breath. FVGs are places where taking profits makes sense because those are also liquidity pools and once market wipes out a liquidity pool, it is always hunts a next one.

This analysis makes sense in case a confrontation would not to continue. Monitor web for updates about conflict, do not blindly trust posts from everyone who claims random sh*t. I usually double confirm information from multiple sources.

Recommend you go this post and follow the instructions. You will not regret later on.

Be safe friends,
I'll be posting updates