Diweworld

Price Action 📈 — Monday Technical Analysis

If you have been following my analysis on $BTC, then longing and shorting shouldn’t really be a problem for you, because the analysis I’ve shared over the past few weeks has been playing out well.

Now, let’s remember the levels we talked about concerning .

First was the $79k zone. I clearly mentioned that if the market breaks below that support zone and retests it, then the next major level to watch would be the $75k–$76k zone, which the market already reacted to after pushing down into that area.

So now that the market has played out almost exactly as discussed, what should we be looking out for next?

Here you go 👇

Unless $BTC breaks back above the $79k zone, we could still see more bearish movement towards the $74k region again.

Current market price: $77k

====> $79k acting as the approaching resistance zone.

====> $74k acting as the weak support zone.

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— Kayode Ol

The gods as spoken
If you like trade alone

Breaking: Iran just started accepting Bitcoin for ship insurance through the Strait of Hormuz 👀

They’ve launched a new platform called “Hormuz Safe” that uses Bitcoin payments with cryptographically verifiable confirmations for every shipment passing through the Persian Gulf.

The expected revenue? Over $10B.

Nation-states aren’t just talking about Bitcoin anymore. They’re building with it.

What do you think - is this the start of more countries using BTC for real trade? 👇