@mikeknows.io: Bitcoin is still working inside a macro bear flag on the daily 📉, which keeps the broader probability tilted toward a move lower into that 80–85% region if structure continues to play out. On the 4H, price is attempting to stabilize with a bounce off support and is now holding above the pivot level ⚡. If we start getting two 4-hour candle closes above that pivot, it opens the door for continuation toward the upper resistance zone around 65K 🎯, where the market will likely make its next real decision. To invalidate the bearish structure, you need a clean break above resistance 🚀 followed by acceptance and support holding above it, not just a wick or a short-term push, but actual continuation from above. On the macro side, geopolitical headlines are adding fuel 🌍. Reports around a potential Trump–Iran deal are shifting sentiment, and markets generally price in relief when conflict risk drops. If that narrative continues, it could act as a short-term tailwind for risk assets like crypto 📈. This is not financial advice. It’s just my current view and how the market currently stands. #Bitcoin #BTC #Crypto #CryptoTrading #CryptoNews
mikeknows
Region: US
Thursday 11 June 2026 18:51:24 GMT
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poker :
I can respect ur flag and candle work, but how do you come up with percentage 80-85 of a breakdown?
2026-06-12 17:39:09
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