Analysis: The situation in the Middle East needs to deteriorate rapidly and enter a more dangerous phase for Bitcoin to fall below $100,000
2025-06-16 07:38:39
Bitcoin edged higher, recovering from a recent decline caused by the Israeli-Iranian conflict that hit investors' appetite for risky assets. Kathleen Brooks of XTB said in a note that President Trump appeared to ease market concerns about tensions in the Middle East after suggesting that Israel and Iran might find a solution to end the conflict. "We believe that the situation in the Middle East needs to deteriorate rapidly and enter a more dangerous phase for Bitcoin to fall below $100,000," she noted.
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