Bitcoin may behave like traditional risk assets in the short term. Still, a BlackRock report last month showed that BTC has shown more resilience during geopolitical tension periods than Gold in the longer term. Bitcoin price finds support near its 200-day EMA around $60,000; a firm close below would suggest a decline ahead. BlackRock report shows Bitcoin has generally performed better than Gold in the long term during geopolitical tensions. Is Bitcoin going to be Gold alternative ?
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