Bitcoin is above $67,000 and is trying to reverse the decline in recent hours. Ethereum (ETH) is in the fight to get back $2,100. Latest statement made by the President of Iran BTC It may cause the price to advance to the daily peak because activity increased at the time of writing.
Iran Wants Peace
The governance structure in Iran is different from normal countries, the President does not have serious powers there. The influence largely rests with the religious leadership and the Revolutionary Guard, and this has become more evident, especially in a war environment. However, the statement made by the Iranian President just now was enough for the BTC price to recover. Massoud Pezeshkiyan said;
“We are ready to end the war, but we want guarantees.”
This is the first time we see a statement made by the President of the country in the tone of “we want” in favor of peace. More importantly, this statement is even more important in the days when negotiation talks are expected to start.
If markets are supported by news of steps that would indicate an increased likelihood of “peace” as the April 6 deadline approaches Bitcoin He can get back 75 thousand dollars again. Otherwise, larger attacks against Iran may begin with the support of some Gulf countries, and this will prolong the process. As a matter of fact, Fars News Agency reported the following news while the article was being prepared.
“If the UAE continues to participate in US air and missile strikes, hosts intelligence forces and aid Israel, Iran will target the port of Fujairah and the important oil pipeline carrying oil out of the Strait of Hormuz.”
Even though the Gulf countries refrain from participating in a direct attack, the missiles raining down on their countries (more missiles were fired at these countries than were fired at Israel in the first days) are drawing them into war. Iran must be calculating the consequences of this disturbing attitude.
Ethereum (ETH)
latest development ETH It was also positive for DaanCrypto. ether came upon his warning. ETH, which moved away from the base of 2 thousand dollars with Pezeşkiyan’s statement, exceeded $ 2,090 and is just below the $ 2,100 limit at the time of writing. The analyst with the pseudonym DaanCrypto reminded that this level is extremely important and wrote:
“There are some local bottoms below, but no significant support area until ~$1,500 where price bottoms out in 2025.
As a result, this chart is in complete disarray this cycle. “The bulls need to make an effort to initiate some sort of local reversal before I get excited again.”
In summary, if ETH cannot regain $2,100 (could these statements be an opportunity?) it may see a rapid decline to $1,500. $1,500 could be the tipping point if the April 6 deadline is missed and a possible ground offensive triggers massive selling.
