#BTC The first reaction to the negative outcome of Iran and US negotiations after yesterday's decline.


We only monitor the critical levels on the charts.
As long as it maintains the 70467 level on the 4-hour chart, the upward potential continues. The correction of the decline could be a W-shaped rebound towards 72-60T, followed by another drop.
If it closes below 70467, we will watch the support levels around 68-76T. When it holds, a rebound could occur.
When it reaches the 74,000 - 76,000 zone, it faces rejection. If it breaks with high volume, it could test the 79,000 level.
A close above 79,000 indicates the first high peak on the 4-hour chart and is a sign that the upward trend will continue. It could test the 98,000 level.
As long as it continues to hold the 65666 level on the daily chart, the upward potential persists.
If it closes below 65666, we will follow the support levels at 63823, 62433, and 60000.
A daily close below 60000 would deepen the decline further.
BTC-0,83%
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