I noticed an interesting scenario on the Bitcoin chart – recently, a quite long series of declines is forming, reminiscent of 2022. The reason is simple: geopolitical tension is putting pressure on risky assets, and crypto is feeling it first. At this moment, the price remains under pressure, with the 80 on 50 still being an relevant level to watch. Over the past 24 hours, a decrease of 0.20%, but the trend suggests we might see even lower prices. If the geopolitical situation does not change, such pressure is likely to keep the market down for some time. It’s advisable to be cautious with long positions until there is some reversal.

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