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President 🐺 held a press conference in the Oval Office with the military, directly escalating geopolitical tensions.
Market's immediate reaction: increased risk aversion, risk assets under pressure.
For Bitcoin:
In the short term, volatility is likely to intensify; if the situation continues to escalate, it may actually strengthen its status as digital gold for safe-haven purposes.
A single press conference is unlikely to reverse the overall trend unless it releases unexpectedly strong policies or military actions, which could break the current oscillation pattern.
Be cautious in the short term, focus on safe-haven demand in the long term. #BTC