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\n\t\t\t\t\t\t\t\t\tBitcoin has taken a minor dip as the US resumed airstrikes on Iran despite hopes of a de-escalation.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
Bitcoin prices slid back below $76,500 on Tuesday morning, down 1.5% from its intraday high of $77,700 on Monday.<\/p>\n
The move followed reports<\/a> that the United States had resumed strikes on Southern Iran, targeting missile sites and boats attempting to place mines.<\/p>\n The strikes were carried out \u201cto protect our troops from threats posed by Iranian forces,\u201d but the military was \u201cusing restraint during the ongoing ceasefire,\u201d said US Central Command in a statement.<\/p>\n Just hours before, President Trump posted<\/a> on Truth Social that negotiations with Iran are \u201cproceeding nicely.\u201d<\/p>\n \u201cIt will only be a Great Deal for all or no Deal at all \u2014 Back to the Battlefront and shooting, but bigger and stronger than ever before \u2014 And nobody wants that!\u201d<\/p>\n<\/blockquote>\n Over the weekend, Trump claimed<\/a> that a deal was \u201clargely negotiated,\u201d leading to hopes that it would be finalized this week.<\/p>\n Crude oil prices, which dipped below $90 for the first time this month on Monday, were back up around 2% as the conflict resumed.<\/p>\n Jeff Mei, chief operations officer at the BTSE exchange, remained<\/a> optimistic. \u201cWe believe that if US attacks on Iran are limited, it\u2019s unlikely that Bitcoin will fall lower than the $70k mark,\u201d he said.<\/p>\n \u201cHowever, if the conflict looks like it may be sustained over a longer period of time, Bitcoin could very well drop back to the $60k floor reached at the beginning of the conflict.\u201d<\/p>\n Jeff Ko, chief analyst at CoinEx, agreed, telling CryptoPotato on Tuesday that technically, $70,000 remains the \u201cnext defended floor for Bitcoin,\u201d while $65,000 would be the \u201cnext key stress level\u201d if the macro or geopolitical backdrop deteriorates further.<\/p>\n \u201cThat said, I think Bitcoin\u2019s ability to absorb recent macro shocks has actually been quite constructive,\u201d he added.<\/p>\n \u201cThe asset has not broken down despite the geopolitical uncertainty, which suggests the market is consolidating rather than entering a full risk-off phase.\u201d<\/p>\n Macro trader Jason Pizzino remained bearish, opining<\/a> on X that Bitcoin looks to be getting ready to test the lows again, like it does every bear market.<\/p>\n \u201cFalling volume, lack of social interest (search volume), and a structure reminiscent of further weakness,\u201d he said.<\/p>\n Bitcoin looks to be getting ready to test the lows again like it does every bear market (or 4-year cycle).<\/p>\n Falling volume, lack of social interest (search volume), and a structure reminiscent of further weakness.<\/p>\n The perma bears will be calling lower and lower prices, while the\u2026 pic.twitter.com\/KwowfhSWzb<\/a><\/p>\n \u2014 Jason Pizzino \ud83c\udf1e (@jasonpizzino) May 26, 2026<\/a><\/p>\n<\/blockquote>\n BTC was trading at $76,480 at the time of writing, with further losses looking imminent.<\/p>\n <\/p><\/div>\nDeal or No Deal?<\/h2>\n
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