As I mentioned a week ago, Bitcoin (BTC) was poised for a correction, and we’ve now seen this play out over the past few days. On the 1D timeframe, Bitcoin tested its Fair Value Gap (FVG) and reversed from that zone. Today’s closing candle showed some bullish pressure, indicating a potential reversal toward the 90,000 – 92,000 range. The FVG was tested cleanly, and the reversal was strong.
What’s Next? Donald Trump and Zelenskyy Clash
While the market showed a healthy reversal from the FVG, recent news of a clash between Donald Trump and Zelenskyy at the White House has introduced uncertainty. Trump’s statement that “President Zelenskyy is not ready for peace” has created a negative sentiment in the market. If tensions escalate further, this could lead to a bearish impact on the market, as geopolitical instability often weighs on risk assets like Bitcoin.
Expected BTC Zones
Given the current situation, here are two possible scenarios:
Scenario 1: Bearish Impact from Geopolitical News
If the clash between Trump and Zelenskyy escalates and fear spreads in the market, Bitcoin could drop to the 73,500–76,000 zone in the coming days.
Scenario 2: Recovery Continues
If the news has a limited impact and the market stabilizes, Bitcoin could continue its reversal from the FVG and gradually move back toward the $92,000 zone.
Key Takeaways:
Trade with Caution:
Given the current geopolitical developments, it’s crucial to trade carefully and use stop losses to protect against sudden market moves.
Monitor News:
Keep an eye on further developments between Trump and Zelenskyy, as they could significantly influence market sentiment.
Note
My goal is to simplify the chart and help you understand the price action clearly. I avoid overloading the chart with unnecessary indicators or creating confusion. My analysis focuses on keeping the chart clean and straightforward.
Thank you!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.