#CryptoMarketPullback

Bitcoin has fallen below $69,000 as concerns about the war are causing uncertainty in the markets.

Bitcoin has fallen below $69,000, dropping more than 3% in the past 24 hours as rising tensions between the US and Iran push global markets toward a more cautious stance.

Other cryptocurrencies are also facing pressure. Ethereum, XRP, and Solana have all declined by about 3–5%, indicating widespread weakness. Market sentiment has taken a sharp dive, with the Fear & Greed Index down to 29, reflecting increased fear.

According to CoinGlass, $329 million was liquidated in the last day, mostly from long positions, showing that buyers are being forced out and sellers are gaining control.

On the broader economic front, uncertainty remains high. Reports suggest Donald Trump is postponing military action, but concerns about further escalation persist. Meanwhile, oil prices have risen above $92, and US stock markets have fallen, adding stress to riskier assets like cryptocurrencies.

The Federal Reserve is closely monitoring the situation. Governor Lisa Cook warned the conflict might drive inflation higher, which could lead to tighter monetary policy instead of easing rates.

Bitcoin is still trending downward. It’s making lower highs and lower lows, and every rally faces selling pressure. Currently, BTC trades near $68,500, just below a strong resistance area between $69,000 and $71,900. As long as it stays under this zone, the downward trend is likely to continue.

Support is found around $63,000 to $62,000. If those levels break, the next potential drop could take Bitcoin down to $58,000–$55,000.

The current pattern is similar to a bear flag, which typically suggests the trend will continue downward.

The most probable outcome is a rejection near $69,000–$71,900, followed by a decline toward $63,000. If that support gives way, a further move down looks likely.

An alternative possibility is that the price trades sideways between $63,000 and $71,900 for a while.

A bullish move would require Bitcoin to break and hold above $72,000, which could then lead to gains toward $80,000–$85,000.

For the moment, the trend remains bearish, and rallies are more likely to be chances for selling rather than signs of a real turnaround.

#TrumpExtendsStrikeDelay10Days

$BTC ‌