- Trump’s new promise to unleash hell on Iran has put the crypto market on alert.
- An agreement between the US and Iran will ensure growth for the crypto market; a lack of agreement will lead to a significant decline.
Three words from the US President sent crypto traders worldwide into a frenzy: “All hell is about to break loose.” The 48-hour countdown has begun. Cryptocurrency markets, shaken by the conflict between the US, Israel, and Iran, are once again faced with uncertainty, as the new ultimatum threatens to increase volatility.
On Saturday, April 4, Donald Trump опубликовал One of the most resonant posts of the entire Middle East conflict on the social network TruthSocial. It was short and undeniable:
Remember when I gave Iran ten days to MAKE A DEAL or OPEN THE STRAIT OF HORMUZ? Time is running out—48 hours before hell breaks loose. Thank God!
Accordingly, by Monday, when US markets open, the situation will either resolve itself or escalate into something more serious.
The concerns of crypto traders are understandable, as over the past two weeks Bitcoin has become the most sensitive indicator of tension around the Strait of Hormuz.
Every time Trump hinted at peace, Bitcoin soared by thousands of dollars. The aggressive tone of his statements had the opposite effect. This pattern was so repeated that experienced traders stopped looking at charts and started following Truth Social.
Now Trump has set a hard deadline, and after speaking with him, Senator Lindsey Graham concluded that the US president is ready to launch a ground military operation in Iran, abandoning a diplomatic solution.
After 48 hours, two scenarios are possible, which will have fundamentally different impacts on the crypto market.
Scenario One — Iran is giving in. If Tehran agrees to open the Strait of Hormuz, cryptocurrency markets will likely see massive growth, and Bitcoin may recover to the $69,000–$71,000 range.
Second script — Trump’s new attack. If the deadline isn’t met with an agreement and the US launches new strikes on Iranian energy infrastructure, the crypto market will react with a drop. Bitcoin may test the $63,000–64,000 support zone.
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