Bitcoin Bulls continue to fight as BTC continues to rebound despite US-Iran tensions

BitcoinBTCAfter Monday’s Wall Street opening, the markets shrugged the US-Iran War off.

The following are key points.

• Bitcoin and stocks are both mute in their reaction to recent US-Iran tensions, including the closing of the Strait of Hormuz.

• BTC’s price is still able to reach a 2.5% increase daily despite lack of resolution.

• The strength of the Bitcoin market is driven by Strategy, and then speculators.

BTC remains stable, and markets avoid volatile price fluctuations

TradingView data showed that BTC/USD closed last week at a price below $74,000, despite gaining 2.5% per day.

US stocks were modestly down as the new week started, although the declines remained minor. Meanwhile, oil has begun to reverse an initial upward move towards $90.

Repositioning took place a few days after US President Donald Trump had announced that a new round in Pakistan of Iran negotiations would be held.

“My Representatives are going to Islamabad, Pakistan — They will be there tomorrow evening, for Negotiations,” In a recent post, he said that Truth Social Sunday is a holiday.

Trump dismissed the significance of Iran closing the Strait of HormuzThe announcement is called. “strange.”

QCP Capital, a crypto trading firm that responded to the report, suggested markets already had adjusted expectations regarding war’s timeline and outcome.

“Despite the pullback in spot alongside renewed tensions, volatility has stayed notably subdued, hovering near year-to-date lows,” In its most recent “Market Color” update. 

“This disconnect between realised risk and implied pricing suggests investors are recalibrating expectations toward a more episodic pattern of escalation: on-and-off disruptions around the Strait, paired with cycles of rhetoric and de-escalation. In effect, markets are beginning to price duration rather than intensity, pointing to a conflict that may be more protracted than initially assumed, but still contained within current bounds.”

QCP said that even though the US-Iran truce is due to expire in a few days, it was not likely to be final.

“The base case, for now, remains one of range-bound volatility, rather than a decisive breakout across major asset classes,” It concluded.

Under the microscope: Speculators and their strategy

J. Analyzing BTC short-term price movements, J. A. Maartunn is a contributor at the on-chain analytics platform CryptoQuant. He had bad news for bulls.

Related: BTC price due new highs: Five things to know in Bitcoin this week

He suggested that Bitcoin’s recent highs on the local level were simply due to buying pressure from Strategy Because of speculators, sellers are stepping in and taking profit to stop the rally.

“Where does that leave price? Not far,” He summarized his thoughts in an X thread.

Maartunn stated that BTC/USD remains stuck at below “key resistance,” The cost base of the short-term holders is approximately $83,000.

“Long-Term Holders keep accumulating, and Strategy isn’t done yet,” He admitted.

“The key question: is it enough to push Bitcoin higher? For now, this still looks like a bear market rally… But a strong breakout could quickly shift the trend.”