As the parties confirmed at the time of writing, Iran fired missiles and the situation is different from the previous ones. Iran, which announced that it would attack Israel after many important events, always did this after the market closed on Friday, and the events calmed down by Monday. But today the situation is different. So what do experts say about BTC and DOGE What are the latest predictions for?
What’s Happening in Cryptocurrencies?
BTC price It fell below the $ 62,000 support, albeit for a short time, at the time of writing, but it found buyers at $ 62,150 at the time of writing. Bloomberg said Iran would fire missiles within 12 hours, and US officials confirmed this. Now that the missiles have been fired, geopolitical tensions are rising.
Israel, which carries out indiscriminate attacks against civilians in Palestinian territory, is now trying to block missiles coming from Iran. After taking the first big step to bring the war to Lebanon today, the answer was immediate. If tensions continue to rise, we could see further declines in global risk markets. US markets fell 1.5%, Apple shares fell 2% and Coinbase shares fell 8%.
BTC and DOGE Comments
Yet crypto- Before the decline in currencies accelerated, Michael Poppe In his evaluation, he reminded that the first week of October has historically been in a downward trend. According to him, the expected rise in cryptocurrencies may begin after a drop to $60,500.
Mustache wrote:
“BTC is one step away from breaking out of the downtrend channel and starting the parabolic run of this cycle. “It is currently giving signals before the 2020 parabola.”
Even though things are going well on the long-term chart, the risk of war undermines investor appetite in the short term. SHIB Assets such as lost more than 5 percent. Ali Martinez, who evaluates altcoins specifically, makes an upward prediction for DOGE due to on-chain signals.
“Dogecoin
$0.118413 network is experiencing significant growth! New $ over the past weekDOGE There was a 72% increase in addresses and 19,630 new #DOGE addresses were created yesterday alone!”
By the end of the summer, BTC returned below $62,000 and for now it has been announced that Iran fired 100 missiles. If there is no new missile news, it may be seen that the shock decline is reversed in the coming hours.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
