Bitcoin recently experienced a new drop, falling to a support level that many consider key. According to the Fibonacci grid, the price approached the 0.382–0.5 zone, which is often seen as a zone of healthy technical correction. But the coincidence with geopolitical events, such as the USA-Israel-Iran conflict, raises many questions: is this a normal technical phase or part of a global game by big players?
Geopolitics as a trigger for market movements
When headlines about escalating tensions between the USA, Israel, and Iran appeared in the news, the crypto market almost immediately reacted with red candles. But does geopolitics really have a direct impact on Bitcoin?
On one hand — yes. Markets hate uncertainty, and every threat of war or economic sanctions increases the demand for safe assets. However, on the other hand, some traders believe that the news is just informational noise, and the real market movement occurs at technical levels and through the actions of institutional players.
Fibonacci and the technical picture
The chart shows that the BTC price approached the 0.382 zone, which is usually considered the first correction zone after an upward impulse. The previous growth area was steep, and the correction to 0.382 looks natural. That’s why the question is: is this a drop or just a regular pause for trend recovery?
Institutional players: who really controls the market?
Many traders believe that large capital is behind most of these movements. Someone spreads negative news, traders panic, the price falls — and at that moment, institutions buy the asset at lower prices. After which, the price slowly begins to recover.
Is this just a theory? Perhaps. But too often we see the market drop 'on the news' and rise when everything seems the worst.
Conclusion
Was this drop caused by geopolitics? Perhaps. Is it just a technical correction? That's also possible. Or maybe — both factors simultaneously. It is important to keep a cool head, analyze both the chart and the information background, and remember that there are always those on the market who profit from it.
🧠 And what do you think — is it a coincidence or a planned move by institutions?