QCP Capital, USA - Shared What They Expect for Bitcoin (BTC) Under the Shadow of US-Iran Tension! "We Are in a Critical Week!"

The US, Israel, and Iran became involved in the tension and struck Iran. This situation negatively affected Bitcoin (BTC) and altcoins, while the BTC price fell below the psychological level of 100 thousand dollars.

While the decline anxiety continues among markets and investors, the Singapore-based analysis company QCP Capital evaluated the current situation.

At this point, QCP analysts first noted that the recent sell-off in BTC has created the lowest pressure since it surpassed the psychological level of 100,000 dollars on May 8.

The wave of selling in Bitcoin and major altcoins was triggered by Iran’s threat to close the Strait of Hormuz, seen as a move that could harm global oil flows.

However, Bitcoin has returned above 100,000 dollars this morning, which indicates that the pullback over the weekend was primarily due to macro factors.

At this point, it has been stated that despite Iran’s threats of retaliation against the US, the market believes that the likelihood of a major conflict occurring is limited and that the US is exerting pressure on Iran to surrender and cease through diplomatic channels.

According to analysts, this situation played a role in stabilizing the market.

QCP also stated that traditional markets reacted calmly to the developments between the USA and Iran over the weekend. Indeed, US stock futures, oil, and gold prices returned to Friday’s levels after the initial fluctuations.

This also indicates that investors see this as a regional risk rather than a global crisis.

Analysts indicate that the Bitcoin market is at a critical turning point balancing risk appetite and safe haven demand amid geopolitical uncertainty.

"…Nevertheless, BTC is consolidating near the $100,000 level even after an increase in leveraged long positions.

This makes the next few days particularly important.

The market continues to remain at a turning point where digital assets are positioned on a critical line between risk-taking momentum and risk-averse defensiveness in an ongoing environment of geopolitical uncertainty.

The analysis company listed the important events to watch this week as follows:

"Tuesday (24 Haz): Fed Chair Powell’s Speech

Wednesday (25 Haz): Fed Chair Powell’s Speech

Thursday (26 Haz): US GDP and Unemployment Data

Friday (27 Haz): US Core PCE”

*This is not investment advice.

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