Bitcoin, No shaking despite Iran-Israel conflict... Investors 'No panic'

Even amid escalating tensions in the Middle East region, Bitcoin (BTC) is showing remarkable stability. On June 15 (local time), cryptocurrency specialized media NewsBTC reported that Bitcoin is trading at approximately $105,100 despite the military conflict between Iran and Israel, with last week's decline being only 0.5%.

An anonymous analyst from the on-chain data analysis firm CryptoQuant, 'CryptoMe,' explained, “Even after the military news, there was no significant change in the exchange Netflow indicator,” stating that investors are maintaining their positions without large-scale selling pressure. This implies that market participants are observing without moving assets to exchanges for disposal.

Also, in terms of Open Interest, there was no significant departure, and despite the liquidation of some long positions, the inflow of institutional funds and traders continues. In the derivatives market within the Chicago Mercantile Exchange (CME), there was some adjustment, but no large-scale liquidation occurred.

The analyst diagnosed, “Despite the news of geopolitical conflict, investors are still maintaining their composure, and in the short term, the stance of observation rather than active selling is dominant.” However, he added, “It is still necessary to be cautious that the market may react sharply if future conflicts escalate.”

Currently, Bitcoin is trading steadily at $105,100, an increase of 0.1% in 24 hours, and market analysis suggests that careful responses are necessary for the time being. There is also an evaluation that Bitcoin is re-proving its role as ‘digital gold.’