War, Oil & Bitcoin: Upcoming Price Prediction

Hello traders, I wrote a blog on this topic last week, but since then, a lot has happened. The US attacked Iran, and in response, Iran is retaliating. Iran is moving to block the Strait of Hormuz, and that changes everything. This narrow waterway carries over 20% of the world’s oil, and any disruption there affects energy prices, inflation, and global markets.

As expected, Bitcoin is reacting to the news.

No need to panic. Today, we’ll talk about what could possibly happen and how it can affect the crypto market.

What’s Happening Right Now?

Iran has officially begun military operations to restrict traffic in the Strait of Hormuz. This comes after recent airstrikes by the USA on Iranian nuclear facilities. The region is sliding deeper into conflict:

• Oil tankers are being delayed or rerouted
• Brent crude just broke above $100
• Gold is spiking
• Bitcoin dropped sharply, falling below $98,000 before recovering slightly

 

How it will affect Bitcoin

For years, Bitcoin has been called “digital gold” — a hedge against chaos, inflation, and fiat failure. That was the whole point of it when Satoshi created it after the 2008 financial crisis. When oil spikes, inflation fears return, and the dollar

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