Bitcoin resumes altitude, galvanized by the ceasefire agreement between Iran and Israel. A new highest online in sight.
In short
- Bitcoin bounces to $ 106,000, carried by the ceasefire between Iran and Israel.
- The way is free. Invertisseurs now wait for the United States to accumulate bitcoins to load the mule.
Peace …
Bitcoin praised the cessation of hostilities. He returned to contact with $ 106,000 after a brief embodiment around $ 98,000.
As a reminder, Israel led a surprise attack on the night of June 13 to eliminate several scientists and generals from the Iranian army. The Islamic Republic responded by raining several hundred ballistic missiles on Tel Aviv, the port of Haifa, colonies and military bases.
Hostilities culminated with an American strike on the Fordo underground uranium enrichment site. Natanz and Ispahan nuclear installations were also bombed.
But it seems that the belligerents will stay there. This is what Donald Trump's statements suggest:
“The Iranian response to the destruction of its nuclear installations was very low. […]. I would like to thank Iran for warning us, which allowed us not to lose lives. Perhaps Iran can now participate in peace and harmony in the region, and I will enthusiastically encourage Israel to do the same ”wrote the American president on his Truth Social page.
Congratulations to the whole world, it's time of peace!
Donald Trump
We will see if this armistice is good. In the meantime, the markets greet the news and Bitcoin flirts again with its highest.
Why did Bitcoin tank?
The decline in Bitcoin is not surprising since we have risked a closure of the Strait of Ormuz (where 20 % of the world's exchanges of oil) transit. The reason being that the monster inflation that would result in return for the central banks to close the monetary tap.
It should also be noted that Bitcoin is a direct competitor of the dollar. However, the largest beneficiary of a scheme change in Iran would be the greenback. Persia has immense reserves of gas and oil which it refuses to sell in dollars.
This is why the country has been under embargo for decades. Reducing Iranian energy exports is a way for the United States to protect the petrodollar system on which its gargantuan deficits (budgetary and commercial) depend.
It is therefore necessary to fuel fear to persuade the world that:
- The American army can ruin any country;
- The United States (the dollar) is the refuge value.
It is for the same reason that the United States overthrew the Ukrainian president Viktor Ianoukovytch in 2014. It was a question of provoking a war to punish Russia for pushing the Brics to get rid of the dollar. Same for Iraq which was invaded for having decided to sell its oil in euros rather than dollars.
Donald Trump pretends to be dragged against his will in these wars, but let's not be naive. Washington's demonstrations of force have only one objective: to strengthen the monetary hegemony of the Empire.
$ 21 million per bitcoin by 2046
But then, why the United States wants to accumulate “As much bitcoins as possible” If protecting the dollar is the supreme objective? For the same reason that they have the largest gold reserves. It shouldn't surprise anyone. It is a question of cannibalizing competition.
The United States strategic turnaround is such that Michael Saylor has revised his projections. The CEO of Strategy now expects a Bitcoin to be worth $ 21 million by 2046. It is almost twice as much as its forecast from last year.
Saylor described the political reversal of the United States of” extraordinary “ On the occasion of the Bitcoin conference in Prague this weekend. He recalled that Donald Trump said he wanted to make his country “Bitcoin superpower” And that a dozen members of his government are openly pro Bitcoin. In particular the vice-president JD VANCE, Robert F. Kennedy or Howard LITNICK.
Combining predictions with statistics, Saylor stressed the contrast between Bitcoin and traditional assets such as gold and real estate. The latter appear in the face of the average annual yield of 56 % of Bitcoin over the last five years.
It is only 25 % for the “Magnifiment 7” (Apple, Alphabet, Tesla, Nvidia, Meta, Amazon, Microsoft), 13 % for the S&P 500, 11 % for gold and 6 % for real estate.
Saylor has also not forgotten to highlight the institutional wave. States and businesses now have 1.65 million bitcoins. And “It's only the beginning”he prophesied.
Do not miss our article on the subject: Bitcoin: “thousands of companies” about to cross the Rubicon.
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