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$BTC Update (LTF)
Despite ongoing conflict, Bitcoin has
held the triangle support remarkably well so far.
Scenario 1:
If support continues to hold, a move toward triangle resistance is expected.
A breakout above could open the path toward the $70–71K critical level.
Scenario 2:
Losing triangle support would likely lead to a move toward the $58–60K zone, from where a bounce and another attempt toward $70–71K remains probable.
POV:
The market has already reacted to the outbreak of war. In my view, most of the immediate damage is already priced in, unless the situation worsens further.