Is Bitcoin’s drop to $79K a bear trap as Hormuz tensions escalate?
Bitcoin retreated amid clashes in the Strait of Hormuz and rising oil prices. Analysts argue that a limited appetite for full‑scale escalation caps downside risk. Bulls aim for a rebound toward $82,000, but bears could target a breakdown below $78,000. Bitcoin dropped to around $79,200 in early trading on Friday as fresh military skirmishes in […] The post Is Bitcoin’s drop to $79K a bear trap as Hormuz tensions escalate? appeared first on CoinJournal.