Greetings, traders! Let's dive into the hourly chart of Bitcoin to see what's been happening and what might lie ahead.
๐ Before the recent attack on Israel, there was a notable price surge. In just a few hours, Bitcoin's value took a sharp dip, only to rebound swiftly, catching many traders off guard.
๐ฅ Currently, we find ourselves in a phase of price decline. The unfolding political and military developments across the globe have the potential to impact Bitcoin's price behavior significantly.
๐ Here's the scenario I'm observing: If the crucial support level at 26 isn't able to withstand the pressure and ends up being breached, there's a substantial likelihood of Bitcoin's price descending into the 'gray zone.'
Stay tuned for more updates โฅ๏ธ And remember, in the world of cryptocurrency, preparedness and adaptability are your greatest allies.
Let's keep a close eye on this hourly chart, and feel free to share your insights in the comments below!
Always sincerely with You,
Yours, Kateryna๐๐
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