Starting this morning, WTI crude oil prices, which have been hovering above $86, finally showed some signs of softening and dropping. Bitcoin Tonight, if the U.S. can really TACO its 'toughest sanctions' on Iran, I’ll thank them for it. Otherwise, who knows when both sides will resume negotiations. But fortunately, Iran has loosened its stance on the Strait tolls, which is a pretty good signal. Let’s hope for some good news tonight. After all, I’ve been holding onto CL short positions for over a month now, and the recent rates have been quite favorable. If this helps push oil prices down, it could ease inflationary pressures and further dampen rate hike expectations. In that case, $BTC might get a boost in sentiment this week. Bitcoin As I mentioned earlier, let’s keep an eye on $BTC trading volume during U.S. working hours this week, as well as ETF inflows. Can it maintain last week’s high inflow levels? We might get some clues tonight. But as for whether this is a bull comeback or a reversal, personally, I’d stay cautious. 785 and 82 are the resistance levels above. First, let’s see if it can hold above 785. DYOR