$BTC

1. Geopolitical aspect – The balance of power in the Middle East is changing

Nature of the conflict:

• Iran uses a 'proxy war' strategy, funding and arming Hezbollah (Lebanon), Hamas (Palestine), Houthis (Yemen), and Shiite militia groups in Iraq and Syria.

• Israel responds with a pre-emptive campaign targeting Iran's military infrastructure and allied groups with Tehran in Syria and Lebanon.

• Recent escalation: In April–May 2024, Iran directly attacked Israel for the first time with UAVs and missiles, marking a dangerous turning point.

International situation:

• The US – EU supports Israel but is concerned that a wider war could disrupt global interests (oil, Red Sea security).

• Russia and China covertly support Iran as a counterweight to the US in the Middle East, especially as Iran joins BRICS+.

Geopolitical conclusion:

The confrontation is no longer indirect. If one side accidentally crosses the 'red line', the entire Middle East could erupt into a multi-party war. The Israel – Iran conflict is not a bilateral conflict but a mini East-West conflict axis, similar to the NATO vs Russia – China model in Europe.

2. Economic impact – Especially on energy and maritime transport

Main risks:

• Strait of Hormuz (controlled by Iran) – a transit point for over 20% of global oil production. If Iran blocks it, oil prices could rise by 50–100% in just a few days.

• The Red Sea and the Suez Canal (partially controlled by Houthis): Attacks on cargo ships have caused shipping costs to rise by 200–300% within weeks, creating a domino effect on global supply chains.

Markets heavily impacted:

• Oil (WTI, Brent): extremely sensitive to news from Iran or Israel.

• Gold: always heavily bought whenever tensions escalate.

• Stocks: global markets (especially Europe, the US) are prone to short-term sell-offs due to heightened risk sentiment.

3. Impact on financial markets – Crypto and speculation

a. How does crypto react?

• BTC/ETH may initially rise slightly due to their 'safe haven' role, but if war actually breaks out, money will strongly withdraw from risk assets.

• In the latest escalation (April 2024), BTC lost nearly 12% within 5 days after Iran fired missiles at Israel, as the market feared systemic risk.

b. Trends:

• Money will shift to gold, USD, oil, withdrawing from stocks, crypto, and tech assets.

• Altcoins will be more heavily impacted than BTC due to higher speculation and lower liquidity.

Preventive strategy:

• Crypto traders should lower leverage when escalating news appears.

• Prioritize observing BTC's reaction to strong support levels (e.g., $104,000–105,000). If this level breaks in the context of negative geopolitical news, the likelihood of a market-wide sell-off is very high.

Summary conclusion

• Israel – Iran is currently the most dangerous geopolitical hotspot, with widespread impacts from energy, maritime issues to global finance.

• Investors need to be highly cautious during early-week trading (Monday), as weekend news may create shock volatility.

• A comprehensive war has not yet occurred, but risks are accumulating. Trading needs to be accompanied by risk management and quick reactions to news.

$BTC