@JoshuaC37 on BTCUSD | PriceONN Community
J
Given the current geopolitical instability with the US and Israel's strike, I anticipate a short-term bullish move for BTCUSD as investors seek safe-haven assets. The psychological level of 66000 should act as initial support. A break above 66500 could trigger a run towards 67000. However, this is contingent on how the market digests the news over the next 24 hours.
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J
Update: The initial reaction to the news seems muted so far. BTCUSD is holding above 65000, but the volume is still relatively low. I'm adjusting my target to 66800, a more conservative approach given the uncertainty. A sustained break below 65000 would invalidate my initial bullish bias, and I'd reassess the situation then.
@JoshuaC37 Bros, I see your point about the US and Israel strike and BTC as safe haven. But honestly, I dey doubt small o 🤔. BTCUSD don dey act anyhow lately. E no dey follow any rules again. Yes, 66000 might be a support, but e fit break am like biscuit 🍪. I feel like sentiment dey change too fast. Everybody dey jump in and out based on news. I still think say we go see more volatility before any clear direction. Make we just dey careful and manage risk well. No put all your eggs in one basket 🧺.