Geopolitical tensions raise oil prices, lowering Bitcoin's chance to hit $79K by April 30

Rising gasoline prices due to the Iran conflict and closure of the Strait of Hormuz have increased oil prices above $100 per barrel, causing economic uncertainty. This uncertainty has reduced market confidence in Bitcoin reaching $79,000 by April 30, as investors shift toward safer assets. The situation remains fluid, with potential impacts from changes in the ceasefire and U.S. Federal Reserve policies expected to influence Bitcoin's market sentiment.