🪙 Bitcoin is up +7% since the US-Israel strikes on Iran began February 28.

It outperformed the S&P 500 (-1%), gold (-3%), and silver (-9%) over the same period — in an active war.

BTC fell to ~$63K on the initial airstrike weekend, triggering $300M in liquidations. It recovered to ~$70K within 48 hours.

The ATH was $126K in October 2025. We are 47% below that. In previous cycles, 60-70% drawdowns have been the bottom — not the continuation. | #Bitcoin #BTC #DigitalGold #Geopolitics