Bitcoin Down on Iran Conflict Escalation; New Price Prediction

After rising tensions in Iran and a large Bitcoin (BTC) theft, the BTC rate is down 1.33% from the previous day, hitting $70,542 (BTC/USD).

Bitcoin is being pulled down by Middle East tensions but staying elevated due to strong market sentiment.
Bitcoin is being pulled down by Middle East tensions but staying elevated due to strong market sentiment.

Thankfully for Bitcoin investors, the coin did not fall below $70K after the crypto market tumbled Thursday. As news broke that the Iran conflict is not as peaceful as expected after Tuesday’s ceasefire, the stock and crypto market fell while oil prices resurged.

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Bitcoin has tumbled from its April high but has found support above $70,000, which is psychologically significant for traders. Market sentiment remains somewhat elevated, and trade volume is at $32.5 billion for the last 24-hour period. That equates to a trade volume drop of 34% from the previous day’s bullish performance.

Bitcoin Price Prediction Comes True

We warned of sharp fluctuations for Bitcoin if the Iran conflict worsened and the ceasefire was not honored. Now, Bitcoin has faltered, but it is still resilient and not nearly as fragile as it was at the start of the year. Since March, Bitcoin has shown upward movement and slow progress toward 2025’s highs, and that has paid off in building consumer sentiment and helping investors feel more confident in the coin.

When news was released that the ceasefire had potentially been violated, Bitcoin investors did not abandon the coin in droves. Instead, a large portion of them held onto their coins and have so far been content to wait out the dip and see if the coin will recover soon.

The BTC rate stopped short of falling below $70K, and that means that it can potentially make back its losses quickly and establish a new high over the weekend. If the coin falls below its current level, though, it may have trouble making back this week’s losses. Despite its resiliency, there is still a lot of fear over Bitcoin’s potential to race to the bottom amid strong factors that create selling pressure.

$3.6 Million in Bitcoin Stolen

A hacker stole $3.665 million in bitcoins on March 23rd, taking the money from wallets on Bitcoin Depot. The coins came from the corporate supply and not from individual users’ accounts. The hacker took the money and placed it into a personal account, and their identity is still a secret.

The brazen attack was reported in an SEC filing, and the stolen money is the equivalent of 50.903 bitcoin. Bitcoin Depot is still investigating and has not yet released details on how compromised their systems are and how much the theft will impact them or the market.  

 

 

Volatile Stock Market Slips from Wednesday Highs; Dow down 0.4%

U.S. stock futures fluctuated sharply Thursday morning, losing much of Wednesday’s progress with a drop of 0.2% for the Nasdaq, 0.3% for the S&P 500, and 0.4% for the Dow.

Stocks drop Thursday after climbing high the previous day.
Stocks drop Thursday after climbing high the previous day.

After an extremely bullish day Wednesday, the stock market has run out of gas with rising oil prices on Thursday. All three of the leading U.S. stock indices flipped from massive gains to minor losses. The Dow came off its best day in a year with a 2.9% increase, going from gaining 1,300 points to losing 175 points.

Brent crude oil is up for Thursday, with an increase of 3.3% to $97.88 per MMBtu. West Texas Intermediate futures gained 5.71% and rose to $99.80 as traders tried to figure out where the market might be headed after Tuesday’s ceasefire agreement between Iran, Israel, and the United States.

The Ceasefire’s Severe Market Impact

A cessation of hostilities in the Middle East has given markets a chance to recover, but the whiplash from Wednesday’s sharp turn led to stocks recalibrating Thursday morning. The terms of the ceasefire call in part for an immediate reopening of the Strait of  Hormuz. Iran has agreed to do that if there are no more attacks.

On Wednesday, Iran said the United States has broken the ceasefire through Israel attacking Lebanon as well as with other supposed violations. The sudden shift on Thursday back to falling stocks and climbing oil prices is more than just a simple market correction. It is also a response to the escalating situation in the Middle East.  

Not all U.S. stocks fell Thursday, and technology stocks have enjoyed the most protection from the market reversal. Micron Technology (MU), which soared on Wednesday, has held onto its gains. Apple (AAPL) and Alphabet (GOOGL) both performed well Wednesday, and they retained most of that progress during Thursday morning’s premarket trading.

Energy stocks fluctuated with the oil price flip and are looking bullish for Thursday. British Petroleum (BP) switched from sharp losses to an increase of 1.05%. Exxon Mobil (XOM) did the same thing, losing 4.69% on Wednesday and gaining 0.95% Thursday morning. These and other energy stocks may continue to climb throughout the day.

Across the stock market, it is evident that Wednesday’s strong movements are not completely erased yet. While many of them have been reversed, energy stocks still remain lower than they were Tuesday and tech stocks remain higher.

 

 

Major Losses for U.S. Natural Gas Market in Middle East Conflict Shift

Natural gas is down 5.45% in the United States for Wednesday after the United States and Iran came to an agreement to cease hostilities for the next two weeks.

The energy market is incredibly fluid and volatile for now.
The energy market is incredibly fluid and volatile for now.

A cold snap in the northern United States was not enough to keep LNG futures from dropping on Wednesday. The decline of more than 5% was caused primarily by the Middle East ceasefire which occurred just before President Donald Trump’s 8pm deadline.

All gains from the previous session have been wiped out, and natural gas futures are now down to $2.71/MMBtu. That puts the price at its lowest point in 17 months. Despite cold weather sweeping much of the northern U.S. mild weather forecasts have been released and are bringing the rate of natural gas down as well.

Why LNG Rates Should Settle Higher Soon

The forecasts of warm temperatures and the Middle East ceasefire have exerted enormous pressure on LNG prices in the United States. The peace in Iran has had the biggest impact, but the last-minute change in the situation was partially unexpected. The ceasefire could be broken at any time, dramatically changing the fragile peace that involves Iran, the United States, and Israel and affects primarily Middle Eastern countries but also nations around the globe.

With the Strait of Hormuz opening again, gas and oil levels around the world are likely to normalize in the coming days. Much needed supplies will be provided and low inventory levels will be restocked as production resumes. We anticipate this increase to be slow at first and to build up tremendously by next week.  

Now that the ceasefire is in place, prices should start to settle. With no new dramatic happenings in Iran that could directly impact the oil market, the price of gasoline, crude oil, and natural gas should start to go back to where they were about five weeks ago before the fighting began.

Brent crude oil fell 15% Wednesday while West Texas Intermediate futures lost more than 15% as well. These dramatic shifts should stabilize quickly as things settle down in Iran, but the prices are volatile for now. However, the price of crude oil internationally has only a minimal impact on the U.S. LNG futures. That is evident by the vast disparity between crude oil and U.S. LNG in price drops today. It is primarily for that reason that we expect LNG prices to stabilize much faster than crude oil prices and for the LNG futures market in the United States to climb slightly higher soon.

UBS Upgrades Micron Technology Price Target on 7.8% Increase

Micron Technology (MU) stock rose 7.80% Wednesday as the Iran ceasefire buoyed stock markets, and UBS changed their price target for the stock from $510 to $535.

Will Micron stock keep growing through the ceasefire?
Will Micron stock keep growing through the ceasefire?

UBS Group AG is a Swiss investment bank that helps its customers predict market trends, and they expect Micron Technology to perform very well during the current bull market period. The Nasdaq Composite, on which the MU stock is traded, rose 2.86% today due to the two-week ceasefire agreement for Iran.

Markets are bullish and tech stocks are performing exceptionally well after days of downtrends. AI stocks in particular are surging, and UBS anticipates that Micron Technology will come out the other side of the current bull trend stronger.

Micron Recovers from Earnings Statement Upset

Over the past week, Micron Technology stock has been climbing. They posted decent earnings last month for the second fiscal quarter of the year, but their stock dipped 6.6% on the same day. Investors were simply too worried about the company’s capital expenditures- a problem that has plagued tech stocks in the AI market for months.

Positive sentiment has marked the equity market today, and if the ceasefire lasts for at least two weeks, Micron Technology could enjoy a lengthy bull run. The super-cycle may push Micron Technology back up to last month’s high, erasing weeks of decline and establishing the company as a contender for being one of the year’s most promising stocks.

UBS gives the MU stock a “Buy” rating, but their upside of 42% may be overly optimistic. That price target assumes that capex spending will be less of an issue for the company moving forward and that the Iran war will stay settled for a while. The current MU stock price of $406 is the highest the stock has climbed in about two weeks, but the real test here will be whether it can hold. 

Quarterly earnings statements for most of the major tech stocks have already come and gone, so there may be some breathing room for a couple months. However, we do not expect the capex issue to simply go away. With the AI market booming, investors are worried that companies like Micron are spending more than they should be in order to keep up, creating very thin margins for their shareholders. 

800% Q1 Profit Increase Expected for Samsung

Samsung Electronics posted new Q1 earnings projections on Tuesday, revealing profit expectations of $57.2 trillion, which would beat last quarter’s profits by 800%.

Samsung is anticipating incredible profits for the last quarter.
Samsung is anticipating incredible profits for the last quarter.

Profit projections for Samsung Electronics’ first quarter were posted yesterday, and the company anticipates that they will beat in one quarter all their earnings for the previous year. Their stock rose 7.12% on the Korean stock exchange.

Samsung attributes its earnings growth to higher chip prices and the rapidly expanding artificial intelligence market. Samsung is a major semiconductor chip manufacturer, and their custom logic chips are integral to the AI market.

Samsung Expects Major Gains for January-March Period

For the quarter starting in January and finishing in March, Samsung anticipates that they will beat last year’s Q1 profits of $6.69 trillion by a sizable amount. Their expected $57.2 trillion in profits is well above the number provided by LSEG SmartEstimate for $40.6 trillion.

A large part of those profits come from drastic price increases for memory chips, which almost doubled in cost as AI data center demand grew rapidly. The memory chips that Samsung develops are used extensively in PCs, smartphones, and gaming consoles, and their widespread use has helped make Samsung a leader in this tech market niche.

The AI boom is helping Samsung enjoy record profits, and their business profile is markedly different from that of many other companies participating in the same space. Shareholders for Microsoft, Nvidia, AMD, and other tech giants involved in the AI market have been cautious about investing over the last few months due to high capital expenditures. Samsung is standing out by showing strong profitability in an environment that has increasingly thin margins.

Chip prices are likely to increase over this current quarter as well, with TrendForce anticipating a 50% jump due to chip shortages. The CEO of Synopsis says that the shortages may last until sometime in 2027, which would keep prices elevated. Data centers are popping up faster than chips can be produced, and the AI market is expanding at a rate that semiconductor manufacturers simply cannot keep up with.

 

 

 

Bitcoin Price Prediction after Iran Peace Pulls Token up to $72,000

Stock and crypto markets are bullish Wednesday since a ceasefire has been announced between Iran and the United States, and Bitcoin (BTC) jumped to $72,634 (BTC/USD).

Bitcoin could hold onto much of its gains at the next downward push.
Bitcoin could hold onto much of its gains at the next downward push.

Bitcoin gained 4.46% on Wednesday amid an upward surge for multiple markets. A two-week ceasefire agreement for the Middle East has helped investment markets climb and pushed Bitcoin to its highest point since mid-March.

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The crypto market has been down for much of the week as the Iran conflict temporarily worsened. Bitcoin has now moved up 8.6% for the week, and the rest of the crypto market is pushing higher as well on the good news, but investors should know that these tokens are still very volatile.

Crypto Market Gains Point Toward High Bitcoin Price

It looks like there may be no attacks between Iran, Israel, and the United States for two weeks following the ceasefire agreement. That will give the crypto market space to climb and recover recent losses. For five weeks, the Iran conflict has kept equity and cryptocurrency markets low. Now, Ethereum (ETH) is up by 5.8% for the day and Solana (SOL) has gained 5%. These and other crypto tokens are very bullish at the moment, but that could change quickly if the ceasefire is broken.

Bitcoin’s performance has been especially promising, with an increase in trade volume of 65% over the last day. This is one of the biggest gains we have seen for the coin in a long time, and that is why Wednesday’s BTC price increase is so worth noting.

Investors need to know that the coin is more bullish than it has been in weeks, and that indicates that if there is news that hurts the coin’s upward progress, most of the gains are likely to remain. Bitcoin may find support above $70,000 for the rest of the week but will be facing a resistance around $73K where it faltered last month.

Quantum Computing Security Concerns

Bitcoin’s price was hurt recently by news that quantum computing could break encryption on dormant Bitcoin accounts. Those coins that have been held for years with little movement could be stolen in a matter of minutes, and quantum computing is so powerful now that Google’s Quantum AI warns of the impending danger of hackers easily taking those coins.

Because artificial intelligence is training computers to operate faster and more easily, quantum computing has taken a large leap forward. Now, Bitcoin assets may be at risk as quantum computer technology becomes more accessible and faster.

Dow Jumps 1200 Points with Ceasefire in Place

Iran and the United States agreed to a two-week ceasefire, allowing stocks to surge on Wednesday morning, with the Dow up 2.7%, or 1,200 points.

Dow and other stock indices soared high after a peace agreement between Iran and the U.S.
Dow and other stock indices soared high after a peace agreement between Iran and the U.S.

Traders are rushing to invest in the stock market today after a ceasefire agreement between the U.S. and Iran, and stocks are climbing fast. The Nasdaq Composite climbed 3.5% while the S&P 500 both gained 2.7%.

Just before the deadline, President Trump announced Tuesday night that attacks against Iran would be put on hold. The fighting has been going on for five weeks now, and it has caused oil prices to soar while stocks remain low and bearish.

Oil Prices Drop While Stocks Push Ahead

The price of oil has gone down to below $95 a barrel this morning with a drop of 16% for West Texas intermediate. Brent crude oil fell 14% and is now priced below $94 a barrel. Now that Iran has agreed to a 10-point proposal of terms from the U.S. the supply of oil and gas around the world can start to return to normal.

One of the areas of strong contention between the two countries was the Strait of Hormuz, which Iran has used as a tool to hold the world hostage. That waterway is used for shipping about a third of the world’s oil and gas supplies, and with the Strait back open and the United States jointly operating the strait with Iran, oil prices have dropped tremendously.

The lower prices allow for stocks to regain some lost ground as investor fears about high gas prices have settled down. Tech stocks may feel the reprieve more significantly than others, since they are under pressure from investors who are critical of tech company spending as well as pressure from the global energy crisis. Nvidia (NVDA) jumped 3.13% on Wednesday morning while Advanced Micro Devices (AMD) jumped 3.86%.

The news of a ceasefire has already set off a tech stock rally and could help push these stocks to their highest point in weeks as some of the pressure comes off the market. Energy futures dove Wednesday amid the market shift, with Exxon Mobil (XOM) losing 6.67% and British Petroleum (BP) falling 5.36%. We anticipate that these stocks will fall throughout the week but will settle down as prices stabilize during the two-week ceasefire. 

 

More Cuts for Tesla Price Targets Following Poor Delivery Performance

Wall Street analysts issued multiple price target cuts for Tesla (TSLA) this week after processing a soft quarterly report that showed far more cars produced than delivered.

Tesla delivered fewer cars last quarter and is still paying for that disappointment.
Tesla delivered fewer cars last quarter and is still paying for that disappointment.

Tesla’s delivery numbers have been low recently, and they have not met their expected targets, leaving analysts to wonder if the company is running out of steam. They have certainly fallen out of favor since Tesla CEO Elon Musk partnered up with President Donald Trump last year and headed up the newly created Department of Government Efficiency (DOGE).

There is no denying that Tesla’s sales numbers are down, but they continue to shift their focus away from electric vehicles to their Optimus robot, the newly launched robotaxi service and their automated driving experience. Analysts and investors alike are losing faith in the Magnificent Seven company, though, and  they are focused on pure sales numbers and growth in the arm of the company that many see as its central component.

Quarterly Sales Miss Continues to Hurt

Tesla did not meet its sales expectations for the previous quarter, and their quarter before that was inflated by government tax credits that were part of a closing program that many consumers wanted to take advantage of before it ended. Now Tesla has to manage to make growth happen without the tax credit program to give it a boost, and they are stuck in a market that appears to be dwindling across the globe.

New EV (electric vehicle) sales are down 26.8% from the previous year in the United States, according to the Kelley Blue Book. Those numbers are going down around the world as well, and Tesla has an uphill battle to convince customers that they need to buy new Tesla vehicles when the market is flooded with used ones.

That is likely part of the reason that company is changing their focus to other ventures. There has not been enough success in those other areas for Wall Street experts to recommend the company to investors. The top three investment banks all cut their price targets for Tesla futures in the last couple weeks.

Goldman Sachs says the price target has moved from $405 to $375, while Tesla is currently trading at $342 per share and has dropped 3% since the previous day. Truist Financial cut their target from $438 to $400, saying investors should hold on this stock.

JPMorgan was the most bearish on this stock, telling investors to sell and cutting their price target to $145. They expect the stock to tank in the coming months, and they cite large amounts of unsold vehicles with a poor ratio of produced to delivered cars that have set a new record for the company.

Ethereum Price Prediction: Can ETH Stay above $2K?

Along with the rest of the cryptocurrency market, Ethereum (ETH) dropped on Tuesday after President Donald Trump announced that the deadline for the ceasefire with Iran had been extended.

Ethereum was hit by a wave of bearish sentiment as the Iran ceasefire deadline extended.
Ethereum was hit by a wave of bearish sentiment as the Iran ceasefire deadline extended.

A new deadline and no clear end in sight for the Iran war this week was a heavy blow to equities markets and cryptocurrencies, and Ethereum fell 2.55% Tuesday on the news.

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Investors should know the ETH rate is very volatile right now and will likely fluctuate sharply on updates from the Iran conflict. The coin’s value is fragile, as is the wider crypto market, and Tuesday’s new 8pm deadline for the Iran ceasefire could bring more fluctuations to the ETH price.

Ethereum More Bearish Than Bullish

We anticipate a downtrend for Ethereum this week. The coin hit a high of $2,357 (ETH/USD) last month, and it has only managed a high of $2,163 this month. Investors should expect the coin to fall further in the coming days as selling pressure escalates over the Iran conflict.

Without positive upward force, Ethereum has little chance of regaining last month’s high anytime soon, and investors are worried about the effect of the lengthy fighting in the Middle East. They should be, since extended conflict causes inflation to increase and makes it harder for investors to find the extra money to put into assets like Ethereum and other crypto coins. Instead, consumers have to pay higher prices for gas and are more risk averse during times of conflict.

For these reasons, we anticipate a bearish Ethereum in the coming days, and it is very likely that the coin will fall below $2K, which would be psychologically damaging. That significant level is open that Ethereum will most likely overcome once more in short order following a dip below that level. The coin has proven resilient in recent months, if not exactly bullish, and we expect that investors will try hard to keep the coin above $2K because of that value’s psychological significance.

 

Bitcoin Sliding on Extended Deadline in Iran Conflict, May Fall below $68K

Bitcoin (BTC) climbed to $70,000 briefly and then fell by 1.51% on Tuesday as ETF inflows clashed with an extended deadline for the Iran conflict ceasefire.

Bitcoin and the crypto market are bearish as the Iran ceasefire deadline has been extended.
Bitcoin and the crypto market are bearish as the Iran ceasefire deadline has been extended.

On Monday, the BTC rate hit $70,237 (BTC/USD) but then plummeted as news hit that the Strait of Hormuz had not yet been reopened and President Donald Trump’s deadline for a ceasefire had been extended. The coin fell gradually to $68,162 in the early hours of Tuesday and remains low at the time of writing.

[[BTC/USD]]

Strong ETF inflows helped Bitcoin reach one of its highest points in days, buoyed by the prospect of a ceasefire between Iran and the United States. Those hopes were quickly dashed, though, and Bitcoin is caught in a wide crypto market downtrend for now.

Volatile Market Faces Selling Pressure

The crypto market has been fragile through the last couple weeks of the Iran conflict. As any news seeps out about the war, the market shifts up or down accordingly. Bitcoin and the crypto market are held in the grip of a changing economic environment, hinging in large part on news of Middle East conflict.

Any extension in the fighting at this point means that inflation could increase, commodities like gas and oil could become more expensive, and consumers and investors will be left with less disposable income to put into assets of any kind. The stock market is faltering today because of the extension of the ceasefire deadline, and the cryptocurrency market is down as well.

Ethereum (ETH) has lost 2.75% in the last 24 hours, and BNB (BNB) is down 1.16%. XRP (XRP) has lost 2.75% and Solana (SOL) 4.22%. The market is looking bearish, and we only expect that to change as good news comes out of the Iran conflict. The new deadline has been set for this evening at 8pm Eastern Time. At that point, Iran has to have the Strait of Hormuz open for President Trump to recognize a ceasefire.

ETF inflows for Bitcoin have been high lately, with Monday marking the largest single day of inflows since February. The increase can be partially attributed to hopes that monetary policy will ease soon as the U.S. government processes a cryptocurrency bill. The Clarity Act, as the bill is called, is designed to modernize the framework of regulations surrounding the crypto market.

Economic pressure remains severe for risky assets like crypto tokens. Brent crude oil is high, with the price recently recorded at $100 a barrel. Inflation remains elevated but stable from the last reading, but it is high enough that the Federal reserve decided not to issue a new interest rate cut at the last Fed meeting for monetary policy. It is unlikely that the Fed will cut the rates anytime soon.

Investors should also be aware that Bitcoin is well below its October all-time high and that it has a lot of progress to make to set a new high. While the coin may be low enough to be a tempting investment, its movement over the last six months has been mostly bearish. There are experts who say that the long bear trend is over and the coin will be mostly bullish as it claws its way back up, but if that is the case, the upward movement has been stilted and slow.