$BTC Bitcoin Breaks Macro Rules: Risk Appetite Grows Despite Hawkish Signals.

Bitcoin is trading just above the pivotal $103,600 level, a critical support zone that has acted as a key threshold for bulls throughout this cycle. If it fails to hold, analysts warn that BTC could swiftly drop below $100,000, triggering a broader correction across the crypto market. This comes as global markets react to escalating geopolitical risk—Israel launched a surprise attack on Iran, prompting immediate retaliation and fueling volatility across commodities, equities, and digital assets.

Despite the turmoil, Bitcoin continues to show relative strength, holding above the $100K psychological level even as investors flee risk assets. Top analyst Darkfost highlights a unique dynamic in this cycle: the unusual decoupling between Bitcoin and bond yields. Historically, rising US Treasury yields have coincided with crypto drawdowns. However, in the current environment, Bitcoin has continued to trend upward, even as yields sit near some of the highest levels in its history.

According to crypto analyst Darkfost, Bitcoin’s bullish momentum appears to be increasingly influenced by weakness in the US Dollar Index (DXY). Each time the dollar retreats, BTC has shown strong acceleration, suggesting global liquidity flows may be favoring Bitcoin as an alternative macro hedge. The next few days will be crucial.