{"id":139511,"date":"2026-03-04T00:00:38","date_gmt":"2026-03-04T00:00:38","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=139511"},"modified":"2026-03-04T00:00:38","modified_gmt":"2026-03-04T00:00:38","slug":"bitcoin-holds-steady-as-middle-east-conflict-rattles-markets","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=139511","title":{"rendered":"Bitcoin Holds Steady As Middle East Conflict Rattles Markets"},"content":{"rendered":"

War is burning across the Middle East<\/a>. Oil prices are climbing. Stock markets in Asia have taken a hit. And yet, Bitcoin<\/a> is still standing above $66,000 \u2014 a fact that has caught the attention of analysts keeping a close eye on the market.<\/p>\n

Calm Where There Should Be Panic<\/h2>\n

The group most closely watched during moments of market stress is what analysts call short-term holders \u2014 people who bought Bitcoin recently and are most likely to sell fast when things go wrong.<\/p>\n

Based on reports from on-chain data platform CryptoQuant, that group has stayed unusually quiet. When Bitcoin slipped into the $63,000 to $64,000 range on Feb. 28, exchange inflows from recent buyers barely moved. No major wave of selling followed. No spike in coins being rushed to exchanges at a loss.<\/p>\n

That was not the case earlier in February. Reports say that on Feb. 5-6, short-term holders sent 89,000 BTC to exchanges at a loss within a single 24-hour window. It was a clear panic event. Since then, those kinds of loss-driven transfers have been falling steadily \u2014 and the Iran escalation did not reverse that trend.<\/p>\n

CryptoQuant analyst Moreno, who tracked the data<\/a>, says this matters because markets tend to find their footing once the most nervous sellers have already exited.<\/p>\n

If exchange inflows from short-term holders remain low, it could point to seller exhaustion and set the stage for a price recovery. A sudden jump in those inflows, however, would suggest the selling is not done.<\/p>\n

What History Says About War And Bitcoin<\/h2>\n

This is not the first time Bitcoin has been tested by armed conflict. According to market analyst Ted Pillows, the pattern has played out twice before.<\/p>\n

When Russia launched its invasion of Ukraine in February 2022, Bitcoin dropped \u2014 then surged 40%. When Israel struck Iran in June 2025, Bitcoin dipped again before gaining 25%.<\/p>\n

Feb 2022: Russia attacked Ukraine.<\/p>\n

$BTC<\/a> dumped first and then rallied 40%.<\/p>\n

June 2025: Israel attacked Iran.<\/p>\n

Bitcoin dumped first and then rallied 25%.<\/p>\n

Feb 2026: US attacked Iran.<\/p>\n

Will a similar pattern follow again? pic.twitter.com\/b8FLF4aR9p<\/a><\/p>\n

\u2014 Ted (@TedPillows) February 28, 2026<\/a><\/p>\n

Now, following joint US-Israeli strikes on Iran in February 2026, Bitcoin has once again pulled back. Pillows is now asking whether that same rebound pattern could follow a third time.<\/p>\n

The current conflict is far larger than those earlier flashpoints. Reports say US-Israeli forces struck more than 2,000 targets across 131 Iranian cities and provinces, hitting nuclear sites, missile systems, and senior military figures, including Iran\u2019s Supreme Leader.<\/p>\n

Bitcoin Price Action<\/p>\n

Iran fired back with missiles and drones aimed at Israel<\/a>, US bases, and multiple Gulf states. The war has dragged in Lebanon, Bahrain, Saudi Arabia, Qatar, the UAE, Cyprus, and a UK military base.<\/p>\n

Bitcoin has dropped 3.5% since Feb. 26, bringing its price to $65,540. It briefly touched $63,030 on Feb. 28 before climbing back above $65,000.<\/p>\n

Given the scale of what is happening on the ground, that kind of price movement is relatively contained.<\/p>\n

Featured image from Pexels, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"

War is burning across the Middle East. Oil prices are climbing. Stock markets in Asia have taken a hit. And yet, Bitcoin is still standing above $66,000 \u2014 a fact that has caught the attention of analysts keeping a close eye on the market. Calm Where There Should Be Panic The group most closely watched […]<\/p>\n","protected":false},"author":0,"featured_media":139512,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-139511","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/139511"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=139511"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/139511\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/139512"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=139511"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=139511"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=139511"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}