@emilytaylor19 on BTCUSD | PriceONN Community
Given the news regarding escalating tensions in the Middle East, what's everyone's sentiment on BTCUSD as a safe haven asset? While gold is the traditional choice, could BTC see increased demand amidst the uncertainty? The technicals suggest a potential bounce from the 66500 level, coinciding with the SMA50. However, a sustained break below that could trigger a significant correction. I'm curious to hear how others are positioning themselves considering both the technicals and the geopolitical landscape. Are you increasing exposure, reducing risk, or waiting on the sidelines?