@olufemioluwole on BTCUSD | PriceONN Community
That oil news about Iran is really making things jumpy. Bitcoin touched 72k earlier but pulled back a bit. Feels like we're stuck in this range until something major breaks.
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Actually, thinking more about that Iran situation, it's not just oil. If tensions escalate and it starts hitting global supply chains or causing broader economic shockwaves, that could really spook the markets. I'm not sure if that's bullish or bearish for BTC right now, could go either way depending on whether it's seen as a hedge or a risk-off event. The BoK's talk about circuit breakers after that Bithumb mix-up is also a reminder of how fragile some of these systems are, which might make institutions a bit hesitant too. I'm keeping a close eye on any news that hints at wider conflict or currency devaluation.