The $78K Bull Trap? Why Iran’s Latest Statement Could Send Bitcoin Tumbling

Bitcoin’s price recovered impressively yesterday by surging to a 10-week peak of over $78,000 after US President Donald Trump said the Strait of Hormuz was opened. However, this rally could be in jeopardy now, as Iran’s Speaker of Parliament, Ghalibaf, denied many of the POTUS’s positive statements. All Were False Recall that Trump took to his social media to announce yesterday that the Strait of Ho…