🚨 GOLD & SILVER RALLY ON US–IRAN TENSIONS AS BITCOIN TESTS KEY SUPPORT
🪙 Gold and silver are climbing as geopolitical tensions between the U.S. and Iran increase demand for traditional safe-haven assets.
🌍 Escalating Middle East uncertainty has pushed investors toward defensive assets, while risk-sensitive markets like crypto face pressure.
📉 Bitcoin is currently testing critical support levels around the mid-$60K range, with analysts closely watching whether it can hold key horizontal support.
🔍 Market data shows strong buying wicks near support, suggesting potential bottom formation despite ongoing volatility.
⚠️ Historically, during geopolitical stress, capital often rotates from crypto into gold and silver as investors seek stability.
🧠 Analysts note that the correlation between safe-haven assets and Bitcoin becomes more visible during global uncertainty phases.
📊 Overall, the setup reflects a classic risk-off environment where commodities strengthen while Bitcoin enters a high-risk zone near key technical support.