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Trump Postpones Iran Strike Plan, Bitcoin Tests Key Resistance

Odaily Planet Daily reports: A Bitfinex research note said risk appetite rebounded quickly after Donald Trump announced a five-day delay to a planned strike on Iranian power facilities and characterized U.S.-Iran talks as "extremely smooth and constructive." Bitcoin held near its month-opening level of $67,035 this week, again meeting resistance at the lower boundary of the $72,000–$82,000 "vacuum zone." ETF flows highlighted how headline-sensitive the market remains. On March 23, the day the U.S. suspended military actions, spot Bitcoin ETFs saw net inflows of $167.2 million. BlackRock's IBIT accounted for $160.8 million, its largest single-day inflow since March 17, snapping three straight sessions of net outflows that followed the FOMC meeting. The report said flows over the next two to three days will be pivotal in determining whether the move is a short-term "risk-off trade" or the start of a new accumulation phase. If daily net ETF inflows stay above $100 million, support below the "vacuum zone" could rebuild; a deeper pullback could send Bitcoin back to its prior consolidation range.
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