Since the strikes on Iran began, BTC is up 13% and has essentially acted as a local safe-haven asset amid the conflict, outperforming metals, equities, and even oil.
Price is now trading close to $72K. If we hold above $70K, it could open the path to $75–78K, and from there maybe even a local altseason.
By the way, yesterday the CEO of DWF Labs posted an interesting tweet: “Over the past month, we’ve accumulated quite a bit of memes, alts, BTC, and BNB. We’re waiting for the market bounce — and you’ll see activity like you’ve probably never seen before.”
Of course, he may be exaggerating — he’s known for hype posts and has made similar bold calls before. But let’s hope he’s right this time. On top of that, Trump has started talking about crypto again after a long pause and is promoting the GENIUS Act. If all the stars align — why not?
That said, it doesn’t mean you should rush to load up bags or open longs. Don’t forget about the risks — this could just be a short squeeze, and we might be heading for new lows tomorrow. It’s better to wait for confirmation.
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