In recent days, geopolitical risk factors have been causing significant fluctuations in the Bitcoin market. The market attention has suddenly shifted as U.S. President Trump set an important deadline regarding the Strait of Hormuz on Tuesday night.

Actually, the movement of Bitcoin at this timing is quite interesting. It has been hitting new highs for over the past ten days, breaking through $69,000, and the momentum shows no signs of stopping. According to market analysis, depending on how these geopolitical developments unfold, Bitcoin could potentially reach $75,000.

Honestly, it’s rare for geopolitical risks and Bitcoin’s upward trend to occur simultaneously. Usually, risk assets are sold off in risk-averse situations, but this time, things are different. The fact that the price is holding around $69,000 might be because market participants are aware of a long-term bullish scenario.

In environments with increased uncertainty like this, the market can swing in either direction. Short-term volatility may increase, but looking at Bitcoin’s strength, it seems like it’s preparing for the next level.