From the look of things and my observations, ever since the B2 bombing 💣 of the nuclear sites in Iran by the USA..price seems to have built momentum ever since, might be a coincidence but I believe this is the reason behind the soaring as money moves out of physical goods, stocks, etc and funds transferred into the digital assets such as Bitcoin which are safe from the bombings!
False, the US B2 bombing of 3 Iranian nuclear facilities sent the price of bitcoin down to $98k and the price only really recovered to $106k when news broke that Iran and Israel had agreed to a ceasefire (2 days later).
Bitcoin always drops when there is news of war breaking out as well as when war escalates. Bitcoin never rallies the way gold reacts to war, it only really recovers or rallies when things calm down.
From my observation since the Russia and Ukraine wars to Iran and Israel, money has always flowed out of bitcoin, stocks and into gold.
Just hope we not headed for World war 3 has the nation's involved all have powerful allies!
Honestly, I have never believed that there would be a World War 3 just because of the conflict between these two Middle Eastern countries.