⚠️ Could it drop below $100,000 due to this tension?
Indeed, Bitcoin dropped near $103k, which is close to the $100k level.
If the crisis escalates (such as the closure of the Strait of Hormuz or a massive escalation), Bitcoin is at risk of further declines and may fall below $100,000.
Analysis from Cointelegraph found that this drop could just be a short-term correction; then it regains strength and continues to rise afterward.
But if the escalation continues and the market shifts to a "fear mood," we might see a larger drop that could push the price below this level ($100k).
