Iran: Turns to Bitcoin for Sanctions Bypass

Iran has quietly eased currency controls and shifted to Bitcoin and Tether to maintain trade flows despite US sanctions, echoing its long-standing bitcoin sanctions evasion history and the broader pattern of how countries use cryptocurrency to bypass US sanctions.

Traders now watch whether this development alters BTC price prediction models as BTC sits at $79532.59 inside its Bollinger Bands; the upper band at $80307.94 caps near-term moves while the 50-EMA at $78993.53 anchors support, the neutral 54.62 RSI leaves room for continuation, and the MACD golden cross reinforces the bullish structure above the 200-EMA at $74009.44.