Last week was heated from all directions… ✔ War between Iran and the Zionist entity ✔ Companies are buying Bitcoin on credit ✔ and the index is going up and down like a theme park ride! 🎢 Let's break down what happened and understand the market rationally 👇
⚠️ War Shock = Random Selling
Last Friday, during the Iranian strike, the entire market got tense, and people sold quickly, and Bitcoin dropped to 102 very rapidly. Then it stabilized a bit between 104 and 105, which was a natural reaction called Flight to Safety. Everyone is rushing to cash and closing their positions, even the 'Fear and Greed Index' dropped from a level of 74 (Extreme Greed) to 51 (Neutral) in just two days.
This means the market has entered a temporary state of tension.
📈 The market has started buying again
As soon as things started to become clear and economic decision-makers saw that the war is not comprehensive and is politically aligned, large investors started buying again, ETFs began to enter again, institutional funds returned to inject liquidity, and companies like 'Metaplanet' announced that they would buy Bitcoin for 10 million dollars through bonds. This is a small number but sends a message that confidence is still there. The price bounced back quickly today above 107, and what is currently happening is called institutional re-centering.
🧠 Large institutions have become the ones leading the movement... They determine whether this war is fine and the market rises without feeling it, or if it’s not fine and they get scared. People no longer know whether wars are a source of concern in the market or a source of profit. Financial institutional conglomerates are what determine the trend.
🔍 Technical Analysis (what's happening on the charts):
Bitcoin broke the resistance at 107 and held above it
The 50-day moving average (MA50) is cutting upwards → bullish signal
Indicators like RSI are still in the balanced area (~60) → there is still room for an upward movement without saturation.
MACD is giving a positive signal at the beginning of the week
All this tells us
📊 Psychological Aspect
The Fear and Greed Index has returned to a state of 'Moderate Greed' after a very tense week. Many people started saying if I had bought when it dropped to 103, and this means that there are still people who will enter late... and this increases demand.
🔚 Not every war means a drop... but there are still fluctuations, and one still has to play it right.
The question here is if the war escalates... will you buy? Or will you flee? 😁🤔
😊👻 🔥