Bitcoin (BTC) is still flexible, despite the recent Israeli air raid on Iran, but it may see a sharp correction in the short term if Iran closes the Strait of Hermoz-a critical path of oil charges-which affects all assets of risks, according to the supporter of the currency office and market analyst Nick Bakerin.
The analyst wrote on Friday:
“The biggest risk is that if Iran will close the Strait of Hormuz, which is equivalent to nearly 20 % of the world’s oil supplies. If so, the oil will witness a significant increase, and the origins of the risk will fall on a slope. If this happens during the weekend, the market that trades 24/7 – Crypto – will take the strike again.”
However, Bokerren emphasized that the long-term price expectations of Bitcoin are less affected by political geography and more related to the low value of the US dollar, which amounted to its lowest level in three years-which indicates the long-term rise of the assets covered by the offer.
Bitcoin is still closely monitored by retail investors and institutions as emerging micro assets. Traders and analysts have the theories of mixed market on BTC, as it extends between the line between risk and assets store during maturity as a assets category.
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Bitcoin continues in the long term in accumulation despite the total and geographical uncertainty
Bitcoin holders continue to assemble BTC despite the constant uncertainty of the macroeconomic economy and the rise in geopolitical tensions, according to Cryptoquant BURAK KESMECI.
analyst He said These accumulated headlines, which were defined as governors that have never sold Satoshi and were active over the past seven years, recorded a flow of 30,784 BTC, at a value of approximately $ 3.3 billion on June 11 – the highest daily flow of 2025.
“After this height, the total BTC, which is kept by the accumulation addresses, reached 2.91 million BTC. The average entry price is now about 64,000 dollars,” he wrote.
This article does not contain investment advice or recommendations. Each step includes investment and risk trading, and readers must conduct their own research when making a decision.
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