Bitcoin bulls are looking fragile, and the rebound potential is limited! 1) If a US-Iran ceasefire agreement is reached, the price might spike briefly and that's it. Don’t chase the highs—that’s a great opportunity and price level to short. At most, it might hit 78,500–79,000, but 79,500 is unlikely. 2) If the US and Iran fail to reach a ceasefire agreement, it’ll be a bearish airstrike. This gust of wind could quickly crash the price. Once it breaks below 75,000, the decline will accelerate, and that’s when you can short. For reference only.