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🔴 Market's taking a hit 😬 due to war situation! $BTC dropped from 100K to 69K 🤯. Based on Elliot Wave and SMC analysis, we're seeing bearish signs.
🔹 On the 1H chart, BTC shows a bullish impulsive wave starting from $65,695. The 3rd wave respected the fib level at $66,612 and moved up.
🔸 Next dump likely at $70,500 due to an ending diagonal and IMB ($7,200 imbalance). If you're holding bullish, raise your SL 🛡️.
👉 What's your take on this? Share below! #BTC #CryptoAlert
#GateSquareAprilPostingChallenge