Bitcoin Price Forecast: New Bombings on Iran Could Plunge BTC to $50K
From fxempire.com
Bitcoin (BTC) has gone down by 3.5% in the past 24 hours after President Donald Trump announced that the U.S. will resume its attacks on Iran. The head of state even threatened to “hit them hard tonight” after weeks of a tense and relatively unproductive ceasefire. “I don’t want to deal with them anymore … as far as I’m concerned, it’s over,” Trump commented during a press conference earlier today. {chart} Oil prices jumped after the President’s remarks, as he also threatened to reimpose a blockade on the Strait of Hormuz that would only affect Iranian ships. This is bad news for Bitcoin as it further deteriorates ...
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