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1.Highlight Gate Elements: Include Gate logo, app screens, merchandise or event collab products.
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- 🎉 [Gate 30 Million Milestone] Share Your Gate Moment & Win Exclusive Gifts!
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According to Analysts, Buying Bitcoin After Iran Attack Could Be Profitable - Coin Bulletin
According to cryptocurrency analysts, buying Bitcoin after Iran's attack on Israel could yield profits.
According to the report shared by QCP, *"It is likely that BTC was used as a hedge against the macro over the weekend and this is why it attracted the reaction to the risks." * it was said.
The price of Bitcoin began to fall rapidly after Iran's attack on Israel. According to data from CoinGecko, BTC has recovered since the end of the attack and is trading at just under $66K at the time of writing.
Writing that there could be a bullish recovery in the market, which could create an opportunity to buy the dip**, QCP said, "Buying the dip* in times of geopolitical conflict has historically been a lucrative transaction." *Said.