The political problems between Iran and the USA might lead to another war and we know what happens when countries goes to war. The whole world goes into a panic mode and they start looking for safe havens to protect their wealth. Singapore are seeing this to with the trade wars and the uneasy relationship between China and the USA.

Bitcoin is not just a safe haven, it is also a quick method to transfer large amounts of wealth over borders, when a war threatens a country. All of this has a positive impact when situations like this, force people to buy more bitcoins to protect their wealth.