The post These 3 charts show Bitcoin’s war-linked selloff keeps shrinking as Iran conflict worsens appeared on BitcoinEthereumNews.com.

Bitcoin was the first asset to price the Iran war because it was the only liquid market open when U.S. and Israel first launched their attack on a Saturday, a few weeks ago. It dropped 8.5% that day. Two weeks later, it has outperformed gold, the S&P 500, Asian equities, and the Korean stock market. Only oil and the dollar have done better, and both are direct beneficiaries of the conflict itself. Bitcoin’s safe-haven status — a notion that was contested amid late last year’s price lull — seems to be back in investors’ minds. On top of that, it’s acting like the fastest shock absorber in global markets as escalations are getting bigger while drawdowns are getting smaller. The pattern becomes clearer when looking at where bitcoin found buyers after each sell-off. On Feb. 28, the day of the initial strikes, it bottomed at $64,000. On March 2, after Iran’s retaliatory missiles hit Gulf states, the floor was $66,000. By March 7, after a week of sustained conflict, the low was $68,000. After the tanker attacks on March 12, it held $69,400. And after Kharg Island on Saturday, the low was $70,596. In simpler terms, each selloff finds buyers at a higher level than the last. The trendline of higher lows has been rising by roughly $1,000-$2,000 per event, compressing the range from below, while $73,000-$74,000 holds as a ceiling that has now rejected bitcoin four times. That compression has to resolve eventually. Either the floor catches the ceiling and bitcoin breaks above $74,000 on the next attempt, or the pattern breaks, and a larger escalation finally overwhelms the buying. Holding strong The most striking part is what bitcoin has done relative to other assets over the same two weeks. Oil is up more than 40% since the war…

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Filed under: News - @ March 15, 2026 5:10 am