#USMilitaryToBlockadeStraitOfHormuz Bitcoin’s Resilience (Bull Case)
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₿ Bitcoin Holds $71K as "Digital Gold" Narrative Strengthens
Despite the oil shock, $BTC has shown remarkable relative strength. After a weekend dip to $71k, it rebounded above $73k as US markets opened.
📈 Key Drivers:
• Nearly $1B in spot ETF inflows last week.
• Iran's proposed Bitcoin toll for Hormuz passage legitimizes BTC for sovereign trade.
Analyst Take: Bitwise CIO Matt Hougan argues that if $BTC captures global settlement value, "$1 million per Bitcoin begins to look like a starting point."
Are you buying this geopolitical dip? 👇
DOT
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ETH
2,327.06
-3.06%