Bitcoin slides below $68,500 as Trump extends Iran deadline but war risks persist.

$BTC $67,300 (0.5% 24h) | $ETH $2,500 (0.2% 24h) | $BNB $25.50 (0% 24h)

The ongoing conflict enters its fifth week with no resolution in sight, causing market uncertainty. Despite this, ETF inflows of $2.5 billion over the past month indicate institutional accumulation. Net exchange outflows also suggest that investors are buying the dip.

The escalating war risks have led to a short-term price drop, affecting $BTC, $ETH, and $BNB. If the conflict de-escalates, we could see a relief rally. However, sustained uncertainty may lead to further declines.

I'm bearish in the short term due to the ongoing conflict. Institutional accumulation suggests a bullish long-term outlook.

#Bitcoin #BTC #Crypto #Iran #USConflict