Bitcoin Expected to Rise to These Levels Despite US-Iran Tensions! But Does BTC Have the Power to Rally? Analysis Company Evaluates!

Tensions between the US and Iran have been ongoing for over a week. While this has pushed oil prices above $115 and caused global stock markets to adopt a defensive stance, Bitcoin has shown remarkable resilience.

While $BTC is showing resistance around $67,000, cryptocurrency analysis platform QCP Capital has assessed the current situation.

In its latest analysis, QCP Capital noted that while global financial markets are showing a defensive trend due to rising tensions in the Middle East, Bitcoin is maintaining its relatively strong trend.

According to QCP, potential disruptions to crude oil supplies through the Strait of Hormuz and increasing instability in the Middle East are putting pressure on the market.

However, the movements of traditional safe-haven assets differed from expectations. According to QCP, rising oil prices put pressure on US Treasury bonds and gold prices as they increased inflation concerns and pushed up Treasury bond yields.

“…However, US Treasury bonds and gold also failed to meet the usual safe-haven demand…”

Instead, the dollar demonstrated its strength. According to the analysis firm, the dollar’s strength is linked to the US’s status as a net energy exporter and high interest rates.

Bitcoin ($BTC) Remains Strong!

Analysts recently assessed Bitcoin and highlighted its strong performance.

“…Despite a general weakness in risky assets due to high market stress (VIX above 29), $BTC showed remarkable resilience; a situation not seen in the crypto market for a long time…”

At this point, analysts noted that there were no signs of excessive fear in the options market either.

However, downside protection persists, particularly through short-term intraday option prices between $61,000 and $64,000.

In contrast, open positions in March options are currently concentrated in call options at $75,000 and $125,000.

While a rapid recovery to expected levels is unlikely, this positioning signals renewed optimism in $BTC despite ongoing macroeconomic and geopolitical uncertainty.

The analysis firm also listed the critical events to watch this week in Bitcoin and global markets: “US Consumer Price Index (CPI – March 11) and Core Personal Consumption Expenditures (PCE – March 13)”

*This is not investment advice.