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Market News: Geopolitical tensions pressure Bitcoin to possibly drop below $60,000
Due to ongoing US-Iran conflicts, Bitcoin has fallen from last week's high of $71,000 to around $67,000, briefly touching a low of $65,000 on Saturday.
Analyst opinions:
🔻 Jeff Mei of BTSE: Oil and gas prices remain high, dragging down the economy, and BTC may further decline to the $60,000 support level
🔄 Andri of Bitrue: If the conflict escalates → drop to $60,000; if tensions ease → rebound above $70,000
📊 Rachael of BTC Markets: Retail panic and hesitation, but institutional accumulation is countertrend — US spot Bitcoin ETF inflows this month exceeded $1.13 billion, ending four consecutive months of net outflows.
Historical experience shows that when retail panic and institutional accumulation diverge, institutional judgment tends to be more accurate.
Current market sentiment: Extreme panic (Index 9)
#比特币 #BTC #加密市场 #Geopolitics