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$BTC #IsraelIranConflict $BTC Fighting between Israel and Iran makes people worry. This fighting might block a very important oil route (Strait of Hormuz). People are also worried about prices going up (inflation). This makes Bitcoin's price go up. Why? 1. Oil Problem: If the oil route closes, oil prices could jump very high. 2. Inflation Fear: That could make prices rise fast everywhere (maybe 5% inflation). 3. Bitcoin as Safety: When people fear inflation, some think Bitcoin is a safer place for their money. Who is buying Bitcoin? Big companies and some countries are buying Bitcoin. This helps the price stay up, even though some people who bought Bitcoin cheaper (above $105,000) are now selling to take their profit.
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