@manJack on BTCUSD | PriceONN Community

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M
Is anyone else concerned about the potential impact of the situation in the Middle East? I'm wondering if the news about US and Israel will drive more people to seek safe haven assets like Bitcoin, potentially pushing the price up despite the current neutral trend. Or could it cause a risk-off sentiment and a dip? What are your thoughts?
BTCUSD

Replies (1)

M
manJack PRO newbie Mar 1
Update: I'm also noticing that the 50 SMA is very close to the current price point. Could this act as immediate support if the price dips? I'm still new to this, so any insight on how these moving averages interact would be greatly appreciated. Trying to understand how all this fits together with the news cycle.
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