The weekend made it clear that #Bitcoin does not operate in a vacuum. Following the attacks by the United States and Israel against Iran on February 28, the price fell to USD 63,245, only to recover and trade around USD 66,217 (+4.7%). The immediate reaction confirms its role as a risk-sensitive asset, but also as a leading indicator of financial sentiment. As Samson Mow pointed out, its 24/7 pricing acts as a thermometer ahead of the opening of Wall Street, anticipating whether the mood will be cautious or risk-seeking.
The narrative this week revolves around a strategic dichotomy: risk asset or alternative reserve like 'digital gold'? Data from CryptoQuant, cited by analyst Ignacio Moreno de Vicente, shows an absence of panic among short-term holders and an unexpected resilience despite the escalation of hostilities. This is compounded by macro and regulatory factors: interventions from the Chairman of the U.S. Securities and Exchange Commission and the head of the Commodity Futures Trading Commission, along with the Employment Report on Friday, could redefine expectations. In the short term, the range between USD 63,000 and 68,000 outlines the technical battlefield; the breakout will depend on geopolitical pulse and macro reading. For traders and investors, the key will be discipline, risk management, and strategic reading of the global context.
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