Capital.com’s Kyle Rodda Flags Bitcoin’s ‘Binary Risk’ as Trump’s Iran Deadline Looms
The post Capital.com’s Kyle Rodda Flags Bitcoin’s ‘Binary Risk’ as Trump’s Iran Deadline Looms appeared on BitcoinEthereumNews.com.
Capital.com Senior Financial Market Analyst Kyle Rodda warned that Bitcoin (BTC) faces “binary risk” as President Trump’s Tuesday 8 PM ET ultimatum to Iran forces traders into a pure escalation-or-relief scenario. BTC slipped below $69,000 on Tuesday after briefly topping $70,000 the previous day, as Iran rejected a 45-day ceasefire proposal and Trump declared the deadline “final.” Trump’s Fourth Deadline and the Crypto Response Trump has demanded Iran reopen the Strait of Hormuz or face strikes on every bridge and power plant in the country. This marks the fourth time the president has extended and reset his ultimatum since March 21. pic.twitter.com/hjaounz3yh — Rapid Response 47 (@RapidResponse47) April 5, 2026 A fifth delay remains possible if Trump sees a deal forming, though he said Monday he was “highly unlikely” to postpone again. Rodda told BeInCrypto that markets are stuck in a holding pattern, waiting for one of two outcomes. “The strikes happen, things escalate or they don’t, and then there’s another massive relief rally. Bitcoin remains range-bound, trading between about $US60,000 and $US75,000,” said Rodda. He added that a major escalation would hit BTC through rising Treasury yields and a stronger US Dollar, both driven by surging oil prices. The US Dollar Index (DXY) has consolidated around 100 and appears poised for a breakout, a signal that aligns with Rodda’s warning. Dollar Index (DXY) Performance. Source: TradingView The DXY structure mirrors prior fractal patterns from 2014 and 2021 that preceded extended BTC drawdowns. “DXY breaking towards the upside will probably take USDT dominance with it… which naturally would mean you should see your next move down in Bitcoin,” said analyst Kyle Doops. However, Rodda also flagged resilience beneath the surface. “It must be remarked how resilient Bitcoin has been and there are tentative, though far from confirmed, signals that it…
Filed under: News - @ April 7, 2026 11:31 am