Analysis: The probability of Bitcoin reaching the low range of US$90,000 is about 20-25%
Internet reports that Bitcoin quickly responded below US$102,000 after news of direct U.S. involvement in the Israeli-Iran conflict broke. Analyst Cas Abbe said: "Bitcoin prices may fall to US$93,000 -94,000 before bottoming out and reversing, but there is only a 20%-25% chance of reaching the low region of US$90,000. It is worth mentioning that the previous Russia-Ukraine conflict broke out. Within 35 days, Bitcoin prices surged by 42%. The price of Bitcoin has now exceeded $100,000. And it's still in a bull market. If history repeats itself and fuel prices rise, what will happen?"
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