Iran Peace Agreement, Bitcoin finally gave a direction over the weekend.


From 76k to 77k, not a big move, but at least it didn't drop back.
In the new week, I see four levels.
The first is 78k.
The second is 79k.
After surpassing 79k, the daily chart might shift from weak to strong.
Before that, all rebounds are just counterattacks.
The third is 81k, which is a bigger hurdle; only after crossing it can we consider a true trend reversal.
Looking downward, 74k to 75k, the bottom line for the bulls over the past two weeks; breaking it means no more structural talk.
Honestly, whether Iran’s peace deal can be sustained is uncertain.
The news effect of the peace agreement usually comes quickly and fades just as fast.
What really matters is whether funds will follow back in.
ETF data this week is critical.
My attitude is simple: don’t chase longs before breaking 79k.
Wait and see after that.
Open on Monday, let the market speak for itself.
BTC1.42%
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