Since the US-Iran conflict began on February 28, BTC has gained 25% against gold.
Before that, BTC had dropped 67% versus gold over the prior six months (Aug 2025 โ Feb 2026), but interestingly, it bottomed exactly on February 28 โ the same day the U.S. launched strikes on Iran.
Traditionally, gold leads during geopolitical turmoil, but this time, Bitcoin is clearly outperforming.
The trend remains bearish. On the daily timeframe, the current candle has formed, clearly defining the open and close levels. Dropping down to the H4 timeframe, the direction becomes even clearer โ weโre likely setting up for one move, and thatโs to the downside ๐
Donald Trump is reportedly looking for a way to end the Iran war while still claiming victory, whereas Benjamin Netanyahu is pushing to continue the conflict, according to The Times