Quote from: Mpamaegbu on June 17, 2025, 08:26:22 AM

Hopefully, fundamentals from government and institutions will push price above to break that resistance up there. The only sad thing now is this ongoing war between Israel and Iran. Bitcoin will likely dump seriously once the US becomes actively involved in this war. That's my thought on it.

Market will be shocked but how long its effect will last, it's very uncertain now. If Iran collapse quickly like Hamas, Houthi and Hezbollah, market will recover quicly weeks later even with V-shaped recovery like how it reacted after WHO's announcement on Covid-19 pandemic in March 2020.

I don't hate Iranians but it seems their people are ready for another revolution that was triggered by Israel proactive attack days ago. The regime of Khamenei might collapse quickly like how Assad regimed did collapsed within a few days months ago. It can happen faster if the USA join this war against Iran and many signals that they are going to join this war very soon with ultimate goals is destroying nuclear facilities in Iran and at the same time support a revolution there.