$BTC 🤔 Bitcoin holding strong despite rising tensions
Since Feb 28, we’ve seen multiple escalations tied to Iran and the region, yet every dip in Bitcoin is getting weaker. Selling pressure shows up, but buyers step in faster each time.
The Strait of Hormuz situation is heating up again. Political threats are getting louder. Traditional markets are struggling.
Bitcoin is still comfortably ranging between $73K and $78K.
Here is what stands out on the bullish side:
Golden cross is forming on EMA 100 and 200
Dip buyers are active and Chaikin Money Flow is supporting accumulation
Prediction markets are pricing in over 80 percent chance of a deal in June
MicroStrategy added 4,871 BTC during one of the most tense weeks
If a ceasefire or positive outcome comes through, a move toward $80K to $94K could happen quickly.
Longer term outlooks are even more aggressive. Some forecasts are pointing toward $150K by the end of 2026.
Right now Bitcoin is sitting near $74,000.
So what do you think
Is Bitcoin evolving into a true geopolitical hedge or are we still one major headline away from a drop toward $60K
Drop your June target below 👇
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