What is the Latest Situation in Iran-Israel War Developments and Bitcoin (BTC)?
Bitcoin (BTC) moves based on news from Iran-Israel conflict.
The main agenda in the cryptocurrency industry still seems to be the Iran-Israel conflicts. It was recently announced on Israel's official state television that Israel would retaliate within 24 to 48 hours for Iran's attacks last night.
After this development, although the leading cryptocurrency Bitcoin (BTC) took a shot up to $ 62,500, it was reported that there is no certainty of this retaliation as of now.
According to the latest allegations, the executives in the Israeli war cabinet think it is right to give a response to Iran. However, administrators think that taking this step immediately after Iran's move will put the Middle East on a worse path.
What Might Happen in Bitcoin (BTC) in the Future?
Currently, the leading cryptocurrency Bitcoin (BTC) is trading at $64,500. BTC has reached the minor falling trend level in the 1-hour time frame.
If there is no bad news from the Iran-Israel conflict in the coming hours, BTC may break its falling trend and target $67,850. If it is announced that all conflicts are over, Bitcoin's target will be $ 71,300.
Israel's retaliatory attack on Iran may cause Bitcoin to fall to the major support area of $59,000 - $60,500.
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