People blaming Isreal - Iran war is the reason of the current dip. Which is clearly wrong and I proved that in my last posts.
When there is a war or pandemic crypto price increases dramatically. Previously people used to buy gold, but nowadays, we see people buying BTC.
Buying BTC is much easier and cheaper than buying gold snd silver. Because you need to pay a premium for physical commodities.
So, there is no reason of freaking out.
What happened is Isreal intentionally attacked on a foreign consulate of Iran. They were thinking Iran will be afraid and stop supporting the countries Israel targeting.
Now, this is an international crime. Where it’s a punishable offence to attack on a diplomat, they literally fired on a consulate establishment where there was hundreds of diplomat.
Instead of condemning the attack, Israel and US start giving warning to Iran, like not even think about taking revenge.
Now, unlike all other nations, Iran did some air strikes on Israeli military and public establishments. Then they said now it’s same - same and stopped the attack.
Russia declared if US attack on Iran’s soil, they will attack on US. Given the fact that, US never directly involved on Ukraine war, there is 99% chance US will not attack on Iran.
Now US is trying to handle this with their geopolitical power. Possibly they will sanction Iran for taking action against Israel. They know this will have 0 impact on Iran as it’s already most sanctioned country, this is to hold the fear among all other Middle Eastern countries, like if you speak against us, we will shut you down.
So there is very less chance that Iran will involve in a war with Israel or Israel gonna attack Iran.
Israel and US has a greater plan to execute. You will find them in my recent post. I’ll share the link in pinned comment as well.
Remember: BTC will go back to 70k and then it will eventually pass 100k. Also all other alt coins will also follow BTC soon.
The reason of current bear market is Bitcoin Halving and nothing else.
Be careful and stay safe wherever you are!