- Trader Ted Pillows analyzed Bitcoin’s price movements during the outbreak of conflict in Ukraine and Iran and concluded that the price of BTC could soon fall.
- At the same time, analysts note that the market situation has changed dramatically since 2025 and a repeat of the cycles is unlikely.
The analogy between the armed conflict in Ukraine and Iran, noted by trader Ted Pillows, promises a collapse for Bitcoin.
In February 2022, hostilities broke out between Russia and Ukraine. That same day, the price of BTC bottomed out and began to rise. Four weeks later, Russian authorities announced they might begin accepting Bitcoin as a form of payment for oil and gas. Market participants fell into euphoria, and the price of BTC exceeded $48,000. Soon, the coin’s price peaked and fell by 50% over the course of several months. wrote Pillows.
This year, a similar situation has been observed. Since the outbreak of war in the Middle East on February 28, kriptovalyuta The price began to rise, and five and a half weeks after the start of hostilities, the Iranian government announced plans to accept payment in bitcoin for ships passing through the Strait of Hormuz. Traders are once again rejoicing and counting on a bullish rally.
Historical events highlighted on the Bitcoin chart
If this situation repeats itself, the upward trend in the BTC market will end in a few days, and the asset will fall sharply in price. If the coin’s price falls by 50%, current If the price remains at $71,005, as it was in 2022, the Bitcoin price will fall to $35,503. It’s interesting that I, an analyst, Happy Coin News, predicted the price of cryptocurrency will drop to $35,000 in August 2025.
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