Bitcoin is getting closer to the psychologically important $100,000 price level after Israel launched a series of air strikes in Iran.
explode It is said that Before Israel claimed responsibility for the attack, the capital of Iranian capital Tehran was at 22:50 UTC, which occupied Bitcoin (BTC) dropped from $106,042 to $103,053, and in 90 minutes, slightly recovered to $104,370 at publication, according to Carry out a common market.
Bitcoin decline catches optimistic traders off guard
The fall caught the trader’s offside, with a long position of about $427.84 million in the past 24 hours, according to to Coinglass data. Just a few days ago, on Tuesday, Bitcoin climbed to $110,265, down from its all-time high of $111,940 on May 22.
While gold and oil prices have risen 1.44% and 11% over the past 24 hours, some crypto analysts believe that this transcendent performance may change rapidly.
Bitcoin Entrepreneur Anthony Pompomphiano explain While oil and gold are currently rising and Bitcoin is falling, history shows that this trend will soon reverse.
He added that the initial reaction was “what exactly happened” when Iran Hundreds of rockets were launched In Israel in October, Bitcoin fell 3%.
“In this case, Bitcoin ended up doing well in the first 48 hours,” Pompliano said.
Uncertainty hovers on what will happen next
“It would be interesting to see what happens here,” Pompliano added.
Israeli Prime Minister Benjamin Netanyahu explain On Friday, his army strikes targeted Iran’s nuclear program, “the action will continue until the time it takes to eliminate the threat.”
Iran’s supreme leader Ayatollah Ali Khamenei said in response to a strike that Israel “should be severely punished”, the country reportedly retaliated by launching more than 100 drones.
US Secretary of State Marco Rubio explain There is no strike in the United States.
Related: Bitcoin price fractal points can be sent to BLTC to below $100,000
Other Bitcoiners say it’s time to buy. Samson Mow of Jan3 explain In a post Thursday, the post directed Gamestop CEO Ryan Cohen, the asset was on the purchase of territory.
“(Cohen) This is where you buy in a scary place. If it’s lowered and feels more nervous, buy more,” Moff said.
Part GameStop’s latest $1.5 billion Make a note by convertible Buy 4,710 bitcoins – Valued at the time of $513 million – May 28.
Magazine: The U.S. has the potential to “go forward” on Bitcoin reserves in other countries: Samson Mow
This article does not contain investment advice or advice. Every investment and trading move involves risks and readers should conduct their own research when making decisions.
