If Iran retaliates against Israel and the conflict in the Middle East escalates, the price of $BTC BTC is likely to plummet as investors avoid risky assets and switch to safe havens like gold or the US dollar. The causes include: Geopolitical Uncertainty: Iran's retaliation could trigger market panic, putting pressure on BTC as seen in April 2024 (falling from US$70,000 to US$60,000) and June 2025 (from US$109,000 to US$103,000). Rising Oil Prices: Disruptions in oil supply (e.g., blockade of the Strait of Hormuz) could drive inflation, tighten monetary policy, and further pressure BTC. Leverage Liquidation: High volatility can trigger the liquidation of leveraged positions, accelerating price declines. Estimated Bottom: Limited Conflict: BTC could drop to US$94,000-US$100,000. Severe Escalation: BTC could potentially plummet to US$84,000, or even US$58,000-US$60,000 in a full regional war scenario.