What is the reason for the fall❓

🔴The news background has a strong impact on the market. News about a possible Israeli retaliatory strike on Iraq is bearing fruit on the position of coins on the market.

Bitcoin (BTC) 💎 fell almost 4%, trading below $62,500 in the early hours of the Asian trading day.

💵Despite the decline, trading volumes remained high: the BTC Spot ETF's weekly trading volume was about $16.2 billion, an average of $3.2 billion per day.

At the moment, I expect a rebound to the area of ​​$66,000-$68,000 from where we can wait for a reaction to continue growth to the ATH levels (new highs), or we will get a deviation and move down again to update the level (lows) 🚀