Bitcoin: between stability and speculation in the last week
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The war rally: Bitwise claims that Bitcoin will reach 140K for this reason
Bitwise's European research division argues that the steep drop caused by the military escalation between Iran and Israel will likely lead to a significant rebound in the price of Bitcoin, replicating previous patterns after geopolitical crises.
In its weekly newsletter on June 16, Bitwise Europe shared a "Chart of the Week" that presents the twenty most significant geopolitical risk events since July 2010. On average, Bitcoin rose by 31.2% fifty days after each event, with an average gain of 10.2%.
