Bitcoin Under Pressure: $1.8B in Panic Selling Amid U.S.-Iran Tensions; Is a Drop Below $60k Inevitable?

Bitcoin is currently experiencing a wave of panic-driven sell-offs amid rising hostilities between the United States and Iran. Both nations have recently conducted airstrikes, intensifying concerns about the possibility of an all-out conflict. Market analyst Colin has cautioned that Bitcoin could face a significant downturn, as it threatens to break through crucial support thresholds.