Bitcoin Holds Firm Despite Mideast Tensions, Liquidations

Bitcoin and the broader cryptocurrency market have shown resilience amid escalating Israel-Iran tensions, experiencing over $1 billion in liquidations but stabilizing near $105,000 after briefly falling to $102,000. Strong institutional buying and continued inflows into spot Bitcoin ETFs have supported Bitcoin's price, while altcoins like Ethereum and Solana have also posted gains, hinting at a possible altcoin season. Traditional assets such as the S&P 500 and Nasdaq declined during the turmoil, highlighting crypto's relative strength. Despite short-term risk aversion, on-chain data and ETF inflows suggest ongoing investor confidence and a healthy bull cycle. Technical analysis points to consolidation near key support levels, with analysts projecting potential upside for Bitcoin between $110,000 and $135,000 if current trends persist. The crypto market's stability stands out amid the broader risk-off sentiment in traditional financial markets.