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Will Bitcoin Price Fall 70%? Analysts Weigh in on Bear Market Bottom Amid Iran Conflict
Yahoo Finance· 2026-03-02 13:02
Key Takeaways Bitcoin price fell to nearly $63,000 after U.S.–Iran tensions escalated. Analysts warn of deeper downside risk. CCN analysis shows $60,263 remains the key support level to watch. Bitcoin steadied near $63,000 on Monday after a volatile weekend that saw the world’s largest cryptocurrency tumble in the wake of escalating U.S.–Iran tensions, before clawing back some of its losses. The coordinated U.S. and Israeli strikes on Iran and subsequent retaliatory action across the region ratt ...