Bitcoin’s weekend drop pushed it close to $65,000 as U.S. President Donald Trump is considering a ground operation in Iran, escalating the ongoing war in the Middle East.
Though Trump hasn't made a final decision, he remains open to the idea, the officials said, viewing it as a potential path to preventing Iran from ever developing a nuclear weapon.
Bitcoin ETFs Bleed $290M as ‘Risk-Off’ Mood Deepens
However, a bearish case scenario outlined by on-chain analyst Willy Woo suggests Bitcoin could bottom between $46,000 and $54,000.
