100,000 Bitcoins evaporated overnight! When will Iran's "Middle Eastern nuclear bomb" explode?
Bitcoin was scared down by the Iran crisis! Just stabilized at $100,000, and then it broke down!
I'm really impressed! Bitcoin finally climbed to $100,000, and just a few days later, it was kicked down by the mess between Iran and the U.S., stuck around $99,000. The momentum to hit $110,000 last month? All gone!
The truth behind the crash: Panic!
The U.S. just bombed Iran's nuclear facilities. The U.S. is on high alert, with intelligence indicating that Iran's retaliation is imminent; who wouldn't be scared in this atmosphere? Iran's parliament is even harsher, voting to threaten to block the Strait of Hormuz! If this global oil lifeline is truly cut off, oil prices will soar, the economy will shake, and high-risk assets like Bitcoin will be the first to suffer!
The market is in chaos:
Ethereum plummeted over 9% in one day! Ripple and Binance Coin dropped 4-8%. Dogecoin, Cardano, and others fared even worse, with declines heading towards double digits! The whole market is in the red, making heads spin! Even the stubborn bull sellers shouting "keep buying" can't stop the panic selling. The bears are ecstatic, clamoring for a major drop.
It's frustrating! The psychological barrier of $100,000 that was hard-earned was slapped down by geopolitics. Iran's "revenge" is like a sizzling bomb; if it doesn't explode, the market will remain on edge, and Bitcoin won't have any peace.
Thinking about it the other way:
This pure panic-induced crash, is it an opportunity for those wanting to jump in? Those bold with far-sighted vision may be secretly pleased, preparing for a big move.
Now everyone is closely watching Iran:
Retaliation: real action or just bluster? Market: crash or bottom rebound? Bitcoin: can it quickly regain the $100,000 mark?
This matter with Iran is definitely the biggest script for the upcoming market!
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