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Bitcoin traders are setting their sights on a potential $54,000 price target as geopolitical tensions in the Middle East escalate. The increased uncertainty has driven interest in Bitcoin as a safe-haven asset, with some analysts predicting a surge if the situation continues to worsen. The market appears to be on edge, balancing between risk aversion and the hope of gains through Bitcoin's resilience during global crises.
Do you think Bitcoin will live up to its "digital gold" reputation in these times?
Source: Cointelegraph
