Bitcoin Under Geopolitical Storm: A Spike to $106,000! But the Real Drama Might Be Yet to Come!
Yesterday, the beautiful country's Middle East diplomacy faced another issue, the Iran-Israel situation intensified, and Bitcoin suddenly changed its course, retreating from a high of $102,600 to $106,000, dropping 1.6% within 24 hours. But that’s not the main point; the real highlight is: Bitcoin is bouncing up and down in the critical range, and the calm before the storm might be brewing a breakout.
Market Interpretation: This is not a crash, it's a tug-of-war!
Although Bitcoin has slightly retraced, it is still within a strong range structurally. Analysts generally believe that if geopolitical tensions escalate + risk assets pull back, Bitcoin may test the $90,000-$100,000 range, and then initiate a sprint towards the main wave of $130,000.
This statement is not without basis—many on-chain data indicators have begun to show potential accumulated energy, including long-term holdings remaining unchanged, net outflows from exchanges, and a warming trend in stablecoin inflows.
Don’t overlook: $CIRCL Soars 13%, Driven by Giant Ambitions!
At the same time, an obscure track suddenly ignited—$CIRCL (Circle) surged 13% due to news that Amazon and Walmart are exploring enterprise-level stablecoin solutions.
Don’t underestimate this wave; the entry of traditional e-commerce giants into stablecoins, once established, will reconstruct the payment structure, marking a signal-level event for both the stablecoin track and the entire cryptocurrency market.
