The recent geopolitical tensions have impacted BITSTAMP:BTCUSD, further highlighting that it is not merely a safe haven but rather a risky asset. However, this drop appears to be primarily an emotional reaction. The technical level that I've been discussing for quite some time, originating from the 62k zone, has held strong. Following this dip, the price has reversed and is currently trading with almost a 10% rise from the recent bottom.
Medium to long-term bulls need not fret as long as the aforementioned level remains intact. My strategy remains unchanged: buying dips in anticipation of a new all-time high in the 80k neighborhood.