#ISRAELIRANCONFLICT
🔸 1. Cyber attack on Iranian Nobitex
A hacking incident targeted the largest exchange in Iran, and values ranging from 90-100 million dollars in cryptocurrencies, including Bitcoin, were "symbolically burned" in political theaters.
The market perceived it as a geopolitical tactic, leading to a temporary decline in BTC due to disruption in money flows, but it did not cause a collapse, demonstrating the market's resilience.
🔹 2. Escalation of the Israeli-Iranian conflict followed by temporary de-escalation
With military escalation and operations deep inside Iran, BTC dropped nearly 2.9% to around ~98 K, coinciding with a noticeable decline in stock markets and liquidity exiting risky assets.
However, with the announcement of a ceasefire by Trump, the price quickly recovered and rose to over 105-106 K due to a rapid rebound and easing of the risk aura.
📈 Outcome of the events:
High short-term volatility: due to panic and immediate selling during the tension.
Clear resilience: the speed of the rebound indicates strong demand and technical support around 100 K-103 K.
Role of BTC as a resilient asset: while it may not appear as "digital gold" in every crisis, it rebounds rather than crashes.
📉 Expected upcoming scenario:
If tensions continue or the conflict escalates → possibility of losing support around 100 K again.
And if de-escalation continues → formation of a new launch pad that may allow for breaking through levels of 110 K.
Follow up
Volume
and whale reports, and times of official statements (like Trump or Israel/Iran)