Bitcoin’s Iran-Conflict Price Pattern Echoes the February 2022 Ukraine Shock
Bitcoin’s move during the US-Iran conflict has resembled its first-month reaction after Russia’s February 24, 2022 invasion of Ukraine: a sharp sell-off, a quick rebound, then choppy consolidation. After US and Israeli strikes against Iran that began around February 28, 2026, BTC recovered back into the $70,000–$73,000 range in the following weeks. RSI, CMF and price action collectively point to dip buying and volatile range trading rather than a sustained breakdown so far.