# BTC:

🚨 JUST IN: IRAN CLOSES STRAIT OF HORMUZ: $72 BILLION WIPED FROM CRYPTO IN 4 HOURS
IRGC blocks all transit through the waterway. Container ships turned back. Markets reacting in real-time 487M Liquidated:
• #BTC: -3.91% ($67K)
• #ETH: -4.29% ($2K)
• Total crypto market cap loss: $72B in 4 hours
This is textbook geopolitical shock driving institutional capitulation.
Watch for stabilization signals over next 48 hours.#CryptoMarketPullback #BitcoinWeakens #

#BTC: Ideal retest of the buyer's zone
The market decided to play out a classic and highly technical scenario. Instead of a non-retracement growth, we got a deep retest of the broken range.
This pullback brought the price exactly to the 0.5 level. The market dropped off passengers who jumped into longs at the very high, and tested the buyers' strength at a mirror level.
The structure of the upward trend remains intact; the current movement is healthy market breathing.
It is now important to hold the current zone on the daily timeframe. A return and consolidation above $80,600 will confirm buye