Strait of Hormuz Tensions Weigh on Bitcoin Amid Geopolitical Uncertainty

Bitcoin (BTC) faced renewed selling pressure as markets reacted to escalating US-Iran tensions over the closure of the Strait of Hormuz, a critical oil shipping route. The cryptocurrency edged closer to $62,000, with traders noting aggressive short positioning ahead of the New York open. US stocks, including the Nasdaq Composite Index, opened lower, down 1%, while oil prices held firm at $75 per barrel for WTI crude.

President Donald Trump intensified rhetoric, stating the US would assume control of the strait and seek reimbursement for its role as a "guardian." This geopolitical friction introduced volatility into risk assets, with Bitcoin's price action reflecting broader market uncertainty.

■BTC/USD approached $62,000 amid "massive" short trading activity, according to TradingView data.

■Analysts highlighted volume-weighted average price (mVWAP) as a critical support level, warning of potential retests of $60,000.

■Open interest in Bitcoin derivatives rose, signaling increased speculative bets on further downside.

■Despite weakness, some traders retained bullish outlooks, citing relative strength index (RSI) divergence and volume exhaustion.

The interplay between geopolitical risk and on-chain data will likely define Bitcoin's trajectory in the near term, with institutional flows and macroeconomic signals holding the key to a potential rebound.

Piyasalar bu durumun jeopolitik riskin kripto varlıklar üzerindeki etkisini sınırlı bir şekilde sürdüreceğini gösteriyor. Ancak ETF girişleri ve madenci cüzdan aktivitesi gibi temel göstergeler, FED'in faiz politikasındaki adımlarıyla birlikte ortaya çıkacak veriler, Bitcoin'in kısa vadedeki yönünü belirleyecek. Şu an için $60,000 destek seviyesi kritik.