War Headlines Hit Bitcoin—But Dip Buyers Eye New Highs
The post War Headlines Hit Bitcoin—But Dip Buyers Eye New Highs appeared on BitcoinEthereumNews.com.
Bitcoin price action has been a roller coaster this week, as escalating Middle East tensions and dramatic Washington headlines have triggered sharp intraday swoons—only to be met by stubborn dip-buying that’s kept BTC within striking distance of its all-time highs. As Israel and Iran exchange missile strikes and former President Trump takes emergency security meetings, risk appetite worldwide has faltered, but Bitcoin’s underlying bullish momentum is undeniable. Geopolitical Shockwaves and Trump’s Security Meetings The latest bout of volatility began after reports that Israel had launched its largest attack on Iran in decades, sparking fear of wider regional conflict. It took a turn for the worse after Trump abruptly pulled out of the G7 summit and called for an emergency Situation Room meeting, urging Americans to depart Tehran. Bitcoin liquidation heatmap. Source: CoinGlass The market’s reaction was immediate: Bitcoin lost over $2,000 in a matter of hours, and altcoins plummeted even harder, wiping out $80 billion in cryptocurrency market capitalization. Traders were hit with nearly $400 million in liquidations, with leveraged longs being blindsided. Yet, as the dust settled, Bitcoin’s price stabilized above $103,000. This kind of resilience is similar to previous wartime shocks, where BTC sold off in the first instance but soon got back on its feet as markets adjusted to the new reality. In fact, historical data shows that after similar events—like the Israel-Gaza war in 2023 and the Iran embassy bombing in 2024—Bitcoin can bounce back within weeks, sometimes even outperforming traditional safe havens like gold. Funding Rates and ETF Inflows Continue to Be Bullish The special thing about this cycle is the speed and size of the bounce. On-chain metrics and derivatives markets show that, even as headlines spooked retail investors, institutional players and seasoned traders viewed the dip as a buying opportunity. ETF Heatmap. Source:…
Filed under: News - @ June 18, 2025 2:24 pm