#IsraelIranConflict The war between Iran and Israel has already been a harsh test of what is promoted about cryptocurrencies, specifically Bitcoin, as a “safe haven.”
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🧨 What happened?
• Gold and oil rose, as expected in crises.
• Bitcoin and Ethereum plummeted sharply, in a scene that contradicts the narrative of “digital gold.”
The result?
Clear exposure: the market still treats Bitcoin as a high-risk speculative asset, not as a hedge tool during crises.⸻
🔍 Has the myth of the digital safe haven ended?
Not necessarily.
But what happened shows that:$BTC
• Bitcoin has not yet matured to become a true safe haven like gold.
• Institutional investors, when stressed, prefer liquidity or gold over crypto.
• Trust in cryptocurrencies is quickly affected by public panic.⸻
⚖️ A moment of panic or the beginning of a narrative shift?
• From a technical and market perspective, what happened was a short-term panic reaction.
• If the situation stabilizes, Bitcoin may rebound quickly — as it did in previous crises (COVID, US banks 2023).
• But for Bitcoin to become a true safe haven, it needs:
• Wider adoption.
• Regulatory stability.
• To reduce its price volatility.⸻
🗣️ Do I agree with you?
Yes, to a large extent.
• The “safe haven” narrative was marketed prematurely.
• But it’s not a complete illusion… rather a long-term goal that has yet to be achieved.
Do you think Bitcoin should really be treated like gold? Or is it a different asset class?