# BTC

*#BTC tf 1d  So much for the beginning of October. Iran's missile attack on Israel caused a violent reaction in all financial markets, BTC dropped to 60199. And Israel promises a response..  At the moment, the fall has ended in the zone of interest 60679 - 57468, which acts as a block on 2D TF. We have not tested the Discount zone below 59497 yet, and the markets may fall down again. So far, I would not make any trading decisions, despite the fact that BTC is now being bought off and it is trading at around 61700.  I will consider long positions only after reaching the Discount zone with the formation of a reversal formation in the form of a change of structure to the lower TF, or after a full-fledged absorption of the current drop.*

By [bondrewd.eth](https://paragraph.com/@bondrewd.eth) · 2024-10-02

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*Originally published on [bondrewd.eth](https://paragraph.com/@bondrewd.eth/btc)*