Bitcoin surged over 7% this week, reaching $70,625, outperforming the S&P 500’s 1.6% drop. The rally follows Strategy’s estimated ability to deploy $776 million in fresh capital for Bitcoin purchases, fueled by strong demand for its STRC.LIVE instrument.
U.S. spot Bitcoin ETFs drew $767 million in net inflows across five days, signaling sustained institutional interest despite escalating Middle East tensions.
Historically, Bitcoin has rebounded after major geopolitical shocks-such as the 2020 Soleimani strike, which triggered a 50% price surge. Analysts note that a bear flag pattern on the daily chart could trigger a pullback to $51,000 if resistance fails.
