BTC followed the trend of GLD during the Iran crisis, it tested the upper channel of 8,400 during the peak of the crises and promptly followed golds' decline by dropping $400 at approx 11:30 when Trump downplayed the threat. I looks poised to re-test the long term support line from the 3,500 lows as it did when it BTC tested at $6,500, $6,400 and $6,800. It looks like it will trend down to $7,100 short term. If that doesn't hold i looks like we will test the .786 FIBB from the lows of $3,500 at approx $5,400 long term.