How did the end of the Iranian-Israeli war affect BTC price forecasts?
$BTC With the announcement of the easing or cessation of military operations, we have witnessed a clear 'rebound' in high-risk asset markets, including Bitcoin $BTC , which surpassed $105,000 after dropping below $99,000. Investopedia analyses indicate that the support level at $100,000 is critical, with resistance above at $107,000 – breaking it could push the price towards $112-114,000.
What is the impact of rising tensions between Iran and the West on the price of Bitcoin BTC?
As geopolitical tensions rise between Iran and Western countries, global markets have begun to fluctuate, raising an important question: Will Bitcoin be negatively affected as a high-risk asset, or will it prove itself as a safe haven in times of instability?
In this article, we examine the implications of events in Iran on the crypto market, especially on Bitcoin $BTC