The USA struck Iran.
The extent of the damage to nuclear facilities is unclear. There are reports that Iran had previously exported enriched uranium, and the USA warned Iran that this is not a war, but just a strike on nuclear facilities, kind of a one-off action.
If Iran responds with a strike that causes little damage, followed by discussions of a ceasefire - then it means option 2 (demonstrative strike).
But so far, Iran has declared its intention to close the Strait of Hormuz and promises a response to the United States.
I think we will see the developments in the next 48 hours.
As for crypto, I will say briefly - the time for buying is close to ideal. Maximum and increasing fear, plus a thin weekend market.
Because:
- Bitcoin fell below 100K in a thin weekend market, and is likely to return above 100K within a day (unless a real mess starts). And if a mess starts, then within a few days.
- Tether has just released 2 billion USDT right now.
- The market capitalization of the crypto market is at an important support level of 3 trillion. Why this is important - I mentioned here.
In panic we might dip below, but I see it as unlikely to stay below 3 trillion for more than a day.
Those who do not buy - will…
