03-01-2020 21:00 via newsbtc.com

Narratives Arise After Bitcoin’s Surge, But Here’s the Real Reason Behind the Move

After hovering below its previous support at $7,000 for several hours yesterday, Bitcoin’s bulls were able to generate significant momentum that has allowed BTC to reclaim its position within the $7,000 region, and it appears that this upwards momentum is growing.
This move coincided closely with news regarding a US airstrike on a top Iranian military official, which led both crude oil and gold to surge. Many investors have claimed that BTC’s surge was rooted in this news, although i
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