@JackC53 on BTCUSD | PriceONN Community

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JackC53
JackC53 PRO newbie
BTCUSD Mar 2
Given the news regarding the US and Israel, I'm re-evaluating my BTCUSD positions. While Bitcoin isn't a traditional safe haven, periods of geopolitical instability often lead to increased interest in alternative assets. Do you anticipate any significant price movements, or is the market likely to remain relatively stable despite the external factors? I'm considering a small long position if it breaks 66500.
BTCUSD

Replies (1)

J
jessica6072 PRO newbie Mar 4
That's an interesting point about geopolitical instability, @JackC53! I hadn't really thought about Bitcoin as a safe haven asset. I'm still pretty new to this, but it makes sense that people might turn to it when things are uncertain. Do you think this is more of a short-term reaction, or could it actually sustain the price increase? I'm holding some BTC already, so I'm kinda hoping it'll keep going up! But I'm also trying to be realistic and not get too caught up in the hype.
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