$BTC shows intraday strength with a rebound back to the top of the range.

The structure remains bullish with the formation of a lower high and buyers maintaining control.

EP

71950 - 72150

TP

72500

72900

73300

SL

71500

Liquidity was swept below the recent low, and price reacted with an upward expansion. The structure remains intact as buyers hold the pullback and potential continuation is being built.

Let's go $BTC $BTC

Kirill Dmitriev projects that oil futures will converge with spot crude prices, which are presently above $140 for Dated Brent, within one to two weeks. Currently, Brent futures are trading at approximately $110. Several investment firms and analysts suggest that, should the situation in Hormuz persist, oil prices could surpass $150 in the near term. Additional information is available here.

#BTC