Bitcoin Under Pressure as Trump Reportedly Prepares to Strike Iran Within 24 Hours

Although BTC is already down by several grand since its local peak, the real trouble could be around the corner as reports emerged hours ago that US President Donald Trump is preparing a fresh wave of attacks against Iran during the weekend. The US stock market also plummeted again on Friday, especially the Nasdaq 100, which, according to the analysts at the Kobeissi Letter, is close to a technical correction. Macro Pressure Builds The initial reports claimed that the POTUS has asked Iran for permission to strike its Pickaxe Mountain nuclear site without retaliation, but the authorities in the Middle Eastern country rejected the request.

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