$Oil has also dropped in response to Trump retweeting Iraqchi post and both sides being optimistic about reaching an agreement in the negotiations, and it's now close to the $70 level
Trading $oil is basically like gambling. It only moves up and down with tweets and news, and it has extremely high volatility.
It's currently building a range box between $88 and $95 on the candle chart.
#silver can also drop to 63.5 and then move towards higher targets. Of course, while the market is closed, I think we'll get news in the next "two days" about either the agreement being finalized or the resumption of conflict. So for now, it's not certain.
#Bitcoin on the weekly timeframe can drop to the $50,500 region as well, and after that, we could see a bullish move in Bitcoin
The gap that has formed needs to be filled for now. Meaning we might go back up to $66,000 again, but what’s the mid-term target? $50,500.
#Bitcoin is currently in the accumulation phase and is sitting exactly in the area where it needs to form a trend line and break out of the liquidity/ranging phase.
For now, I'm staying patient and waiting for Bitcoin's short-term movement to do a more precise analysis.