Bitcoin Sunday Analysis $BTC recently moved from $68K to $74K. BitcoinCRYPTO:BTCUSDCryptoSkullSignalBitcoin Sunday Analysis BTC recently moved from $68K to $74K. As mentioned earlier, I expected a short-term relief or “fake” pump, so I opened a long position around $68K and the market has already moved nearly $6,000 from that entry. The key level in my analysis remains $72K, which is the major resistance of the current range box. Ideally, I want to see a daily or weekly candle close above $72K. If the market holds above this level, a move toward $80K–$85K becomes possible. However, if price continues to trade inside the range with fake breakouts, the market could remain sideways and potentially sweep liquidity below the range. Current Position I am still holding my long from $68K. For safe traders, I would suggest using a stop loss around $64,500 to manage risk. Personally, I am more flexible with my position. If the market drops again, I plan to add more long positions between $60K and $54K, which is below the range box and a strong liquidity area. ⚠️ These additional longs are intended only for short-term opportunities within the range, as I still expect a much deeper macro bottom later in the cycle. Macro Outlook Geopolitical tension is rising quickly between the United States, Iran, and Israel. With risks around the Strait of Hormuz and U.S. strikes on Iranian oil infrastructure, global oil supply could tighten sharply. Because of this, crude oil moving toward $99 looks very realistic, and if the conflict continues to expand, oil could even push toward $150 per barrel. In that environment, Gold and Silver are also likely to rise as investors look for safe-haven assets. At the same time, the global stock market may face strong pressure. Despite tensions, markets like the U.S. stock market and the Israel stock market have recently moved sharply higher, which historically can signal fragile conditions before a correction. I have warned about this risk many times. If global tensions continue, a deeper stock market crash is possible in the coming weeks or months. Regarding Bitcoin, I previously warned near $124K that the market was overheated. I still expect further downside before a true bottom forms, likely somewhere in the $35K–$45K range. Until then, markets may remain volatile with rising commodities and increasing pressure on risk assets. Strategy Update Regarding Bitcoin, I previously warned near $124K that the market was overheated. I initially opened a short around $118K and later added more shorts near $97K, bringing my average entry to $104K. I have already closed 50% of that short position at $72K and still hold the remaining portion. At the same time, I am holding a long from $68K and plan to add more long positions below $60K if the market drops further. I am also watching the $80K–$85K resistance zone to potentially open new short positions again, depending on how the market structure develops. 📊