Bitcoin experienced significant price fluctuations following US military actions against Iran’s nuclear facilities, with BTC dipping below $102,000. The heightened geopolitical uncertainty triggered market instability across cryptocurrency assets.
Historical patterns indicate Bitcoin often rebounds strongly during conflict-driven turmoil, as demonstrated during the 2022 Ukraine crisis and previous Iran-Israel confrontations. Technical analysis identifies $97,000 as a critical support zone where liquidity concentration could stabilize prices.
Traders are monitoring BTC’s ability to hold above $93,500 to maintain bullish momentum, while a decisive break above $104,500 may reinforce upward trends. Bitcoin’s decentralized nature and role as a hedge against traditional market instability could potentially drive counterintuitive price recoveries during geopolitical crises.