The btc is sold at $ 24,000 in Iran, while the problems between usa and Iran increase
The price of Bitcoin trades according to the CoinMarketCap indicator at USD 8,353.27 with a rebound of + 6.01% on the day, after having reached a maximum of up to USD 8,405 at the time of news of the start of the attacks in Iraq.
The increase in the price of Bitcoin and the price of oil had already risen days ago when the United States killed General Qasem Soleimani, Iranian chief general.
he U.S. Department of Defense said ballistic missiles were fired from inside Iran to multiple US facilities in Iraq, including one in Erbil and al-Asad Air Base.
Bitcoin can be done with 50% of the gold market share, reaching USD 250,000.
Iranian banks support gold-backed cryptocurrency.
If Bitcoin remained in this pattern, and this is a normal analysis that people do in all asset classes, if it is maintained in that channel, that channel's ceiling would be around USD 200,000-USD 250,000
If it reached that price, Bitcoin would have a market capitalization of around 50% of the world's combined gold supplies, or USD 4.5 billion. As an investment, Bitcoin has already surpassed gold by several orders of magnitude in this decade.
Several indicators say that the BTC / USD is at an inflection point, with a rising upside potential according to the historical precedent.
