Technically, $BTC has no clear signals in favor of either a long or a short.

Locally, there is a bearish continuation pattern — a Rising Wedge, with a downside target around 78–80k.

For the bullish scenario to continue, price needs to break and hold above 95,500. Global tension is increasing. On one hand, there is growing interest from large capital as well as from countries experiencing chaos, where people are trying to preserve their wealth by any means. On the other hand, Bitcoin remains a risk asset and is typically among the first to be sold in the event of global escalation.


Challenging times.