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Bitcoin Gains Attention as Safe Haven Amid Global Tensions
As global geopolitical tensions rise, Bitcoin is gaining attention as a hedge against traditional financial systems influenced by state power.
Bitcoin’s Stability During Instability
- Amid increased geopolitical tensions, Bitcoin's decentralized design is seen as a form of monetary insurance.
- Analysts note Bitcoin's recent rebound, suggesting investors are turning to cryptocurrencies as neutral reserve assets.
- Historically, Bitcoin avoids consecutive annual declines, with its current price reflecting resilience amidst global uncertainty.
- Long-term holding through market drawdowns can lead to significant returns, with strategies to sell at key milestones rather than fully exiting positions.
Market Dynamics and Momentum Shifts
- BTC faced strong resistance below a recent high, resulting in a drop due to heavy spot selling. This indicates the area remains a supply zone.
- If Bitcoin starts forming local accumulation within demand, it could be an opportunity for long exposure.
- A bounce back into supply showing weakness may validate a short setup. A drop below $91,000 could signal further downside to around $87,800.
