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Analysis: The situation in the Middle East needs to deteriorate rapidly and enter a more dangerous stage before Bitcoin will fall below $100,000

Online reported that Bitcoin rose slightly, recovering from a recent decline caused by the Israeli-Iran conflict that hit investors 'appetite for risky assets. XTB's Kathleen Brooks said in a report that President Trump appeared to allay market concerns about tensions in the Middle East after saying Israel and Iran might find a solution to end the conflict. "We believe that the situation in the Middle East needs to deteriorate rapidly and enter a more dangerous stage before Bitcoin falls below $100,000," she pointed out.

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