Under normal circumstances, Iran would respond to the call for negotiations today or tomorrow. However, today’s attacks on Iran have prolonged the process. The statements made by the senior Iranian official show that the break that could occur within a few days has been postponed for a while. On the other hand, the Bitcoin market dominance chart is alarming. Let’s take a look at the current evaluations of different analysts.
Iran Latest Situation
Iranian Foreign Minister Araghchi said in his statement that the attack on the steel factory damaged the diploma process. Stating that the price will be paid heavily, the Foreign Minister also invalidated the USA’s statements that “an answer will come today or tomorrow”.
“The attack on Iran’s steel mills contradicts the US President’s extended deadline for diplomacy. Iran will make Israel pay heavily for its crimes.”
Another senior Iranian official said:
“It is unacceptable for the US to call for negotiations while simultaneously attacking Iran.
Tehran has not yet decided whether to respond to the US proposal due to attacks on industrial and nuclear infrastructure.
Iran’s response to the US proposal was initially expected to be announced on Friday or Saturday.”
Bitcoin (BTC)
CryptoBullet stuck in the 58-60% range for 6 months Bitcoin market dominance He says it’s become maddening. According to him, this range will soon be broken and BTCD will return to the 200-week moving average (53-54%). suppressed for a long time altcoins This retreat is necessary for him to relax a little.
Poppe in his assessment an hour ago of Bitcoin He wrote that the movement that will continue to 60 thousand dollars will be a good buying opportunity.
CryptoCon thinks that this March will be no different from the others and we will close this month with a bearish retest.
“There are usually two more bearish retests before the bottom of the cycle can be confirmed.”
While all this was happening, 21,700 BTC held by short-term investors were transferred to the exchanges in the last 24 hours. Maartunn wrote that these loss-making sales were disturbing. Around 7 thousand BTC may be Galaxy sold assets from the Satoshi era. We know that this is not excluded in the relevant STH chart.
Finally crypto oracle Roman Trading warned that every new rise will herald a bigger decline. Giving an example from 2022, the analyst predicts lower peaks until the bottom is found.
