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Bitcoin price has risen for three consecutive days and remains above the critical resistance level of $70,000. However, this rally could be at risk after Iran announced a major shift in its war strategy, as it seeks to punish the United States by raising crude oil prices.
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Bitcoin price may reverse with Iran's change in war strategy
The continuous rise in Bitcoin price may be at risk of reversal after Iran issued a major warning regarding the ongoing war.
In a statement, the Iranian Revolutionary Guard said it will change its strategy from "retaliatory strikes" to "continuous strikes," a move aimed at punishing Israel.