Bitcoin Could Test $54,000 Amid Middle East Tensions

Bitcoin (BTC) faces the potential for a drop to $54,000 or lower as new geopolitical tensions impact BTC price strength. Bitcoin traders are now setting sub-$60,000 price targets after BTC/USD experienced a more than 5% decline within 24 hours. Market anxiety surrounding events in the Middle East has significantly affected the crypto market. Recent data from Cointelegraph Markets Pro and TradingView reveals that the total crypto market cap has fallen by 7.2% over the past two days. Bitcoin reacted to the turmoil in typical fashion, approaching the $60,000 support level before reversing. However, some traders believe that the worst is

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Bitcoin Could Test $54,000 Amid Middle East Tensions

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