Well, folks, it’s been a wild ride for Bitcoin, and I’m not just talking about the time I tried to explain it to my aunt at a family reunion 🤯. No, seriously, the price of BTC has been on a bit of a rollercoaster, and it’s not looking good.
It all started a couple of months ago when the global trade war was heating up, courtesy of Donald Trump’s, ahem, “diplomatic” efforts 🤦♂️. Bitcoin took a hit, plummeting to under $75,000. But, you know, things were looking up – the US was striking deals left and right, including with its arch-nemesis, China 🤝.
But, as the saying goes, “when it rains, it pours” ☔️. Operation Rising Lion, launched by Israel, has thrown a wrench into the works, targeting over 100 strategic military and nuclear sites in Iran 🚀. And, let’s just say, it’s been a bloody mess 💥.
Iran, not one to take things lying down, responded with Operation Vow of Truth 3, firing missiles at central Israel, Tel Aviv, Jerusalem, and other targets 🚀. It’s been a game of tit-for-tat, with both sides trading blows and neither gaining the upper hand 🤯.
Now, you might be wondering what all this has to do with Bitcoin. Well, my friend, it’s quite simple: uncertainty is bad for business 😬. And, as we all know, Bitcoin is a bit of a drama queen – it reacts to every little thing 🤣.
Yesterday, after Israel’s attack, Bitcoin’s price plummeted from $108,500 to under $103,000 in a matter of hours 📉. It’s recovered a bit since then, but the situation is still volatile, and things could escalate quickly 🔥.
Ali Martinez, a popular crypto analyst, has warned that if Bitcoin doesn’t stay above $100,000, it risks plummeting back to under $80,000 🚨. And, let’s be real, who wants that? 😩
#Bitcoin $BTC needs to hold above $100,000 to stay on track for a breakout from this channel. Losing $100,000 increases the odds of a downswing to the channel’s lower boundary at $78,500.
— Ali (@ali_charts) June 13, 2025
But wait, there’s more! 🤔 Large holders, also known as “whales,” have started to sell off their Bitcoin holdings 🐳. And, if they continue to do so, it could increase the selling pressure on BTC and lead to a further price drop 📉.
Some of the largest #Bitcoin $BTC whales holding over 1,000 BTC have started trimming their positions.
— Ali (@ali_charts) June 13, 2025
So, there you have it, folks – the Bitcoin apocalypse might be upon us 🌪️. But, hey, at least we can all enjoy the drama and excitement of it all, right? 🍿
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2025-06-14 10:26