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The $78K Bull Trap? Why Iran’s Latest Statement Could Send Bitcoin Tumbling

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The $78K Bull Trap? Why Iran’s Latest Statement Could Send Bitcoin Tumbling

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News Bitcoin’s price recovered impressively yesterday by surging to a 10-week peak of over $78,000 after US President Donald Trump said the Strait of Hormuz was opened. However, this rally could be in jeopardy now, as Iran’s Speaker of Parliament, Ghalibaf, denied many of the POTUS’s positive statements. Recall that Trump took to his social media to announce yesterday that the Strait of Hormuz was finally reopened, as both sides had made great progress on negotiating a permanent peace deal. Later on, he doubled down, claiming that the deal was “mostly complete,” there would be more talks this weekend, and, perhaps

Source: https://cryptopotato.com/the-78k-bull-trap-why-irans-latest-statement-could-send-bitcoin-tumbling/

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