BTC dropped by two thousand points instantly due to Lebanon launching missiles at Israel, massive dumping in the US stock market and gold, and BTC followed this decline. Personally, I don't see it as a major issue. This attack is more symbolic, meaning that I have the capability to strike back at you. Lebanon is backed by Iran, and Iran is backed by XTZ. This won't escalate into a large-scale conflict, it's just a strategic warning not to go too far. After all, a full-blown battle would only hurt both sides. I can prove that I have new weapons to strike back at you, with the aim of making you stop attacking me. Meanwhile, follow the chart in the crypto world. BTC may drop below 70,000 and clear $1.97 billion in long positions. It is very likely to drop below this level today or tomorrow, and then rise again to ensure a healthier rise. Also, please refer to the second chart. BlackRock has increased its BTC holdings by 12,000. BTC's mining cost is close to $50,000. These two pieces of news indicate that BTC will continue to rise in the short term, and it is unlikely to drop below $50,000 even with a pullback in the long term.
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BTC dropped by two thousand points instantly due to Lebanon launching missiles at Israel, massive dumping in the US stock market and gold, and BTC followed this decline. Personally, I don't see it as a major issue. This attack is more symbolic, meaning that I have the capability to strike back at you. Lebanon is backed by Iran, and Iran is backed by XTZ. This won't escalate into a large-scale conflict, it's just a strategic warning not to go too far. After all, a full-blown battle would only hurt both sides. I can prove that I have new weapons to strike back at you, with the aim of making you stop attacking me. Meanwhile, follow the chart in the crypto world. BTC may drop below 70,000 and clear $1.97 billion in long positions. It is very likely to drop below this level today or tomorrow, and then rise again to ensure a healthier rise. Also, please refer to the second chart. BlackRock has increased its BTC holdings by 12,000. BTC's mining cost is close to $50,000. These two pieces of news indicate that BTC will continue to rise in the short term, and it is unlikely to drop below $50,000 even with a pullback in the long term.