Talking about #Bitcoin, it hasn't fallen below the 80 mark recently, so it can be said that it hasn't returned to the bottom consolidation range of 585-81 since the big drop in early February.
But recently, it has been fluctuating and exchanging hands in the 80-84 range, without a big panic sell-off or strong positive stimulus driving it up. However, the 80 support level has indeed been tested several times.
The main focus is still on the upcoming US-Iran geopolitical situation and the midterm elections, which directly affect oil prices and inflation, influencing interest rate changes.
We'll see if it breaks below the 80 integer mark to the 70s range for chip exchange.
But once a positive expectation is captured, Bitcoin might see a rebound.
I don't know if it will definitely break below the 80 integer mark, but a one-sided rise certainly won't happen that quickly.
For trading, either swing trading or holding for the mid-to-long term is fine; the 70s and 80s ranges both have cost-effectiveness, depending on each trader's preference.
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