@ZaneleD2 - BTCUSD | PriceONN Topluluk
The geopolitical tension easing, especially concerning Iran and oil prices, has really shifted the market sentiment. Usually, when oil prices drop like that, it signifies reduced risk appetite globally. I'm watching to see if this translates into a broader downturn for risk assets like BTCUSD, or if the crypto market will decouple. We also have that Circle news about EU crypto adoption thresholds which could be a longer-term catalyst, but for now, it feels like the macro picture is weighing heavily. The price action around 69k is critical, especially with the 50-day SMA still lagging way up there. If we can't get above the Bollinger band middle line soon, I might consider taking profits on my current small long position.