@RaviC58 on BTCUSD | PriceONN Community

I'm seeing a lot of chatter about a bullish flag, but honestly, this feels like a potential bull trap brewing. We're right at the R1 pivot and the Bollinger upper band is nearby. This Iran news is strange; while it might create demand, it's also highly uncertain and could lead to sudden geopolitical shifts that spook the market. Remember how quickly things can turn when there's fear. If price struggles to break above 73500, I’d be very wary. A sharp rejection from these levels, especially with the Canadian jobs data showing wage growth complications, could send BTCUSD tumbling back down towards the 50 SMA or even lower.