Bitcoin Slides Below $62.5K After Iran Strikes

Bitcoin slipped beneath the $62,500 mark as US‑Iran tensions sparked a risk‑off wave across markets.

How Iran Strikes Rippleed Through Market Sentiment

■BTC/USD posted a 2% daily decline, widening losses per TradingView data.

■US equities opened in the red; the Nasdaq Composite fell about 1.9%.

■Fresh military strikes amplified panic selling of risk assets.

Bitcoin’s Technical Tug‑of‑War and EMA Cross

■After hitting three‑week highs, BTC retreated below $62,500, re‑entering its prior range.

■The 50‑month EMA flipped to act as resistance, signaling the final phase of the long‑term downtrend.

■Analyst Rekt Capital noted, “The necessary technical milestone has been achieved,” hinting at a possible relief bounce.

Institutional Flow and ETF Buying Spree

■Bitcoin ETFs logged a net $368 Million purchase over the past three days.

■Institutional inflows are shaping a support floor near the price bottom.

Voices from the Trading Floor

■Exitpump (X): “The market keeps repeating the same patterns.”

■Daan Crypto Trades (X): “Typical summer choppiness – a few days up, a few days down.”

■Jelle (X): “Range lows holding; could set the stage for a relief rally in the coming weeks.”

Markets are experiencing a pronounced cool‑down as geopolitical friction squeezes risk appetite, reflected in Bitcoin’s technical signals. The 50‑month EMA now acting as resistance marks the tail end of the long‑term decline, while net ETF inflows show that institutional demand remains present. In the short term, volatility will stay elevated, but the $60,000‑$58,000 band may serve as a potential floor.