BTCC / BTCC Square / CointribuneEN /
Trump’s Iran Strikes Trigger Bitcoin Plunge – Here’s Why Crypto Markets Panicked

Trump’s Iran Strikes Trigger Bitcoin Plunge – Here’s Why Crypto Markets Panicked

Published:
2025-06-22 16:05:00
15
2

Geopolitical shockwaves send digital assets into tailspin

When missiles fly, crypto markets don't ask questions – they sell first. Today's dramatic escalation between the US and Iran proved no exception, with Bitcoin shedding 15% in violent overnight trading.

The 'digital gold' narrative cracks under pressure

So much for Bitcoin's safe-haven claims. The flagship crypto's correlation with risk assets roared back as institutional traders dumped positions across the board. Gold? Up 3%. Treasuries? Bid. Crypto? Collateral damage.

Algos gone wild: How machines amplified the crash

Liquidation cascades hit $800M in under an hour as leveraged positions got steamrolled. The usual suspects – overextended retail traders and trigger-happy trading bots – turned a correction into a bloodbath.

Silver lining for crypto degens

Volatility traders are licking their chops while 'buy the dip' tweets already flood Crypto Twitter. Because nothing says sound investment strategy like gambling on wartime price action – just ask your friendly neighborhood forex bro.

Donald Trump pressing the red button, behind him rises a nuclear mushroom cloud associated with the Iranian flag and to its side a chart showing the fall of bitcoin

In brief

  • Bitcoin breaks below the $100,000 mark, with a 5.4% weekly loss.
  • Over $595 million in long positions were liquidated in crypto markets.
  • The $97,000 support becomes critical, traders await a clear signal to act.
  • Technical indicators remain mixed, between neutral RSI and still clearly bearish MACD.

Bitcoin below $100,000: the domino effect of missiles

Saturday night, Trump acts. In the wake of this, the Bitcoin price drops, breaking a key support observed by traders worldwide. Long positions explode:, according to market data. A true flash crash.

A calm voice in the turmoil, that of Columbus:

Bitcoin still holds the $100,000 mark despite the US attacks on Iran, which is a good sign. But if the daily close falls below it, we will look for $92,000–94,000.

Traders hesitate. Indicators fluctuate:. No clear direction. One certainty: geopolitics is shaking crypto certainties. And below $100,000,

BTCUSD chart by TradingView

War and bull run: memories of a rebounding bitcoin

This is not the first time war strikes… and that bitcoin reacts counterintuitively.

Trader Merlijn recalls:

But this time, buyers are cautious. Theremains active but fragile. Others bet on a deeper retreat. Cas Abbe estimates that a drop to $93,000–94,000 will precede a reversal. History doesn’t always repeat itself… but it rhymes.

Now is when everything can turn: technical signals on alert

As the weekend approaches,Technical thresholds are fragile, volatility rises, and algos prepare to react at every candlestick flick. The crypto market is under heightened surveillance.

Here’s what to keep an eye on:

  • RSI stagnates at 43, a sign of an indecisive market;
  • MACD remains deeply negative, no bullish crossover in sight;
  • CCI at –125 indicates a possible reversal, but without volume;
  • Intraday support at $100,945 broke without resistance;
  • Liquidity concentrates around $97,000, according to CoinGlass.

In this context,are circulating rapidly. Alpha Whale sounds the alarm: “If US strikes the Iran nuke sites and kills Russian workers, we’re on the brink of World War III! […] Bitcoin will crash as the risk-off flight intensifies. Global equities tumble while Gold and bonds surge. Stay alert, trade smart.”

While fear dominates the screens, some look far ahead. The AVIV indicator, used by Gert van Lagen, has not yet signaled a peak. Result: a projection to $330,000 remains credible by his criteria. Nothing is guaranteed, but in this unpredictable market, everything is still open.

Maximize your Cointribune experience with our "Read to Earn" program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.


|Square

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users