WILL IT DROP AGAIN $BTC y with it the #Altcoin in these days?

The future of Bitcoin depends on the evolution of the geopolitical situation. Investors must be prepared for extreme volatility and closely monitor both political events and the movements of large portfolios.

The airstrikes on Iran and the threat to the Strait of Hormuz have generated high volatility and an uncertain outlook for the cryptocurrency.

The tension in the Middle East caused an initial drop in Bitcoin below $102,000, briefly reaching less than $99,000. Although Bitcoin is sometimes seen as a safe-haven asset, the immediate reaction was risk aversion. The market will remain extremely sensitive to any developments in the conflict.

Whales have been a determining factor in this volatility:

* Initial Sales: Bitcoin's drop suggests that some whales sold to secure profits or reduce risks amid uncertainty.

* Strategic Accumulation: However, other whales, including companies like MicroStrategy and Metaplanet, took advantage of the dip to acquire more Bitcoin, adding over 11,000 BTC. This indicates a long-term outlook and the perception of the drop as a buying opportunity.

* Leveraged Long Positions: Some whales have even opened large long positions, betting on a future recovery.

* Long-Term Holding: The "old whales" seem to be holding onto their assets, which could be mitigating sharper declines.

Possible scenarios:

1. Limited Recovery: If the conflict does not escalate and the support at $100,945 holds, a sustained break above $103,000 could lead to a short-term recovery due to the accumulation by some whales.

2. Greater Decline: If the conflict intensifies or the support at $100,000 fails, we could see a drop towards $98,000, and even down to $92,000-$94,000, as risk aversion and panic selling increase.

Get ready for these scenarios!