{"id":10339,"date":"2026-03-04T06:00:32","date_gmt":"2026-03-04T06:00:32","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/bitcoin-holds-steady-as-middle-east-conflict-rattles-markets\/"},"modified":"2026-03-04T06:00:32","modified_gmt":"2026-03-04T06:00:32","slug":"bitcoin-holds-steady-as-middle-east-conflict-rattles-markets","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/bitcoin-holds-steady-as-middle-east-conflict-rattles-markets\/","title":{"rendered":"Bitcoin Holds Steady As Middle East Conflict Rattles Markets"},"content":{"rendered":"<p>War is burning across the <a href=\"https:\/\/www.nytimes.com\/live\/2026\/03\/03\/world\/iran-war-israel-lebanon-trump\" target=\"_blank\" rel=\"noopener nofollow\">Middle East<\/a>. Oil prices are climbing. Stock markets in Asia have taken a hit. And yet, <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"noopener nofollow\">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<h2>Calm Where There Should Be Panic<\/h2>\n<p>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<p>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<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"wp-image-884940 size-full\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/a_cb57f4.png?resize=990%2C557\" alt=\"\" width=\"990\" height=\"557\" \/><\/p>\n<p>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<p>CryptoQuant analyst Moreno, who tracked the <a href=\"https:\/\/cryptoquant.com\/insights\/quicktake\/69a329a0c876a02133a05a00-Iran-escalation-zero-panic-Bitcoins-short-term-holders-arent-blinking-%E2%80%94-yet?utm_source=twitter&amp;utm_medium=sns&amp;utm_campaign=quicktake&amp;utm_content=morenodv\" target=\"_blank\" rel=\"noopener nofollow\">data<\/a>, says this matters because markets tend to find their footing once the most nervous sellers have already exited.<\/p>\n<p>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<p><img decoding=\"async\" loading=\"lazy\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/UUnhuOKp\/\" width=\"1835\" height=\"951\" \/><\/p>\n<h2>What History Says About War And Bitcoin<\/h2>\n<p>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<p>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<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Feb 2022: Russia attacked Ukraine.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/25ab.png\" alt=\"\u25ab\" class=\"wp-smiley\" style=\"height: 1em;max-height: 1em\" \/> <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">$BTC<\/a> dumped first and then rallied 40%.<\/p>\n<p>June 2025: Israel attacked Iran.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/16.0.1\/72x72\/25ab.png\" alt=\"\u25ab\" class=\"wp-smiley\" style=\"height: 1em;max-height: 1em\" \/> Bitcoin dumped first and then rallied 25%.<\/p>\n<p>Feb 2026: US attacked Iran.<\/p>\n<p>Will a similar pattern follow again? <a href=\"https:\/\/t.co\/b8FLF4aR9p\" rel=\"nofollow\" target=\"_blank\">pic.twitter.com\/b8FLF4aR9p<\/a><\/p>\n<p>\u2014 Ted (@TedPillows) <a href=\"https:\/\/twitter.com\/TedPillows\/status\/2027714649748029569?ref_src=twsrc%5Etfw\" rel=\"nofollow noopener\" target=\"_blank\">February 28, 2026<\/a><\/p>\n<\/blockquote>\n<p>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<p>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&#8217;s Supreme Leader.<\/p>\n<p>Bitcoin Price Action<\/p>\n<p>Iran fired back with missiles and drones aimed at <a href=\"https:\/\/www.aljazeera.com\/news\/liveblog\/2026\/3\/3\/iran-live-news-israel-bombs-tehran-beirut-trump-says-war-to-last-4-weeks\" target=\"_blank\" rel=\"noopener nofollow\">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<p>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<p>Given the scale of what is happening on the ground, that kind of price movement is relatively contained.<\/p>\n<p><em>Featured image from Pexels, chart from TradingView<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>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&hellip;<\/p>\n","protected":false},"author":1,"featured_media":10340,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[22,32,35,51,2641,2642,2643,1145,2533],"class_list":["post-10339","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin","tag-btc","tag-btcusd","tag-crypto","tag-iran","tag-israel","tag-middle-east","tag-us","tag-war"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/10339","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=10339"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/10339\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/10340"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=10339"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=10339"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=10339"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}