@daniel925 on BTCUSD | PriceONN Community
Given the current geopolitical climate with the news regarding US and Israel, I anticipate a continued, albeit potentially volatile, upward trend for BTCUSD. While traditional safe havens might initially see a surge, the narrative of Bitcoin as a digital gold and hedge against instability is likely to draw increased investment. I expect initial dips to be bought up quickly, with a potential push towards 67000 in the short term. However, risk management is crucial; setting stop-loss orders below the 20-day SMA is advisable to protect against unexpected corrections. We could also see a pullback to the S1 pivot to shake out weak hands before the next leg up.