$BTC Bitcoin shows strength while the world fears a Third World War
The digital currency shows notable resilience in the area close to 100,000 dollars.
After the attacks by Israel and the United States on Iranian territory, the world is on the lookout for what Iran's response will be.
Sergei Lavrov, the Russian foreign minister, said that "the Third World War could be very close." The official of Vladimir Putin's government assured that interpreting the right to self-defense freely would be "total chaos." There are two possible interpretations for this apparent strength. One of them is that the market is indecisive about what will happen. Will there be a potentially qualifying conflict as a "Third World War" or will it be something short-lived, as analysts from The Kobeissi Letter anticipate? Perhaps, if the war escalates to new magnitudes, BTC may experience greater declines. As CriptoNoticias explained yesterday, BTC would find next support near 96,000 dollars.
Another possibility is that the narrative of "digital gold" is settling in and BTC is perceived as a safe-haven asset. Perhaps, investors are already massively understanding that the intrinsic properties of bitcoin (its scarcity, its resistance to censorship, etc.) do not change due to a war and, on the contrary, become more relevant.
