ANALYSIS

Bitcoin Is Becoming More Valuable to Iranians Amid Tensions With US

[ad_1] Earlier this week, the world’s flagship crypto asset saw its value surge from around the $8,000 mark to just over $8,430 within an hour’s time. This latest price action came after the Iranian government decided to launch a missile attack on an Iraqi military base housing American troops.However, it bears mentioning that Iran’s actions were prompted by United States President Donald Trump’s decision to eliminate Iranian general Qassem Soleimani
BUY/SELL

Bitcoin Price Is on the Verge of Breaking 7-Month Downtrend

[ad_1] The price of Bitcoin (BTC) broke out of a 2-month range and rallied to $8,400 during this week. However, the price couldn’t break out of the downtrend and is stuck in a new range.Is the price of Bitcoin already in a bull market, or is the price expecting continuation downwards?Crypto market daily performance. Source: Coin360Bitcoin price is hovering below resistance and trendlineThe chart of Bitcoin is showing an apparent