@skapoor485 on BTCUSD | PriceONN Community
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Been watching some recent analysis from a couple of traders I follow on YouTube. One guy was talking about how the current geopolitical situation, especially that Iran news about using BTC for oil tolls, could be a quiet catalyst for institutional adoption. It's not a direct price driver right now, but the implications for demand are huge. He also mentioned that the DXY weakening after that US CPI report is a clear signal for risk assets like BTC to perform well this week. He's looking at the SMA 50 as a key support level around 71800, and if we hold that, the path to retesting those higher highs seems pretty clear. Just something to consider beyond the immediate chart patterns.