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BTC holds strong despite escalating Middle East tensions and market choppiness
BTC saw a brief run-up to $109k before a post from Trump and fresh Middle East tension caused the market to pull back. Despite this, BTC managed to close above the daily TBO Cloud, shifting its status to Strong Bullish. Still, price action remains choppy due to the flat TBO Slow line. ETH seems to be leading the short-term recovery, though its own macro outlook remains bearish, with no confirmed bullish close above its daily Cloud and continued downward slope in its Slow line. Stablecoin Dominance showed a lower wick after a broad market dip, often an early sign of stabilization. Meanwhile, BTC.D remains strong ... (full story)