It's quite disappointing to see the crypto market dropping, which might be due to a variety of factors. Within a month, the price of Bitcoin fell from $70K to $60, which is extremely upsetting.

You may have noticed my predictions from a week ago, in which I stated that the price of Bitcoin would fall to at least $64K before returning to $69K.

However, this time it did not happen, and the price was immediately set at $60,000. There are several reasons for this, which I will describe, some of which have had a significant impact on the market.

One of the key reasons is the ongoing conflict between Iran and Israel. Three days ago, the Hamas commander "Ismail Hania" was assassinated in Tehran.

Iran condemned Israel for the assassination, and supreme leader Ayatullah Khamenei stated that we will exact punishment shortly.

This was the call, and the market started reacting.

Another explanation is the threat of a global recession in 2025. Many investors are disappointed by the recent FED interest rate announcement and have begun to sell their holdings.

These two are the primary causes of the market's decline, with more to come. During this moment, you should be cautious about trading and invest while prices are low.

I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.

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REMEMBER: We should prepare for the unexpected and hope for the best. Life may not be easy, but you must do your best and leave the rest to God.

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