From Cointelegraph
June 13, 2025 3:40 pm:

Bitcoin has bounced back from major geopolitical events with a 64.6% average increase since 2010, making the recent Middle East tensions a potential buying opportunity. Despite hitting all-time highs, Bitcoin’s Puell Multiple remains in the discount zone, signaling institutional accumulation and market undervaluation. Oil prices surged 5% following Israel’s airstrikes on Iran, pushing Bitcoin to $102,650 on Binance, but historical data suggests this dip could be a strategic investment chance amidst global tensions.

Research from Bitwise Europe’s André Dragosch shows Bitcoin’s average 64.6% price increase within 50 days after the top 20 geopolitical risk events since 2010. Blockstream CEO Adam Back’s data reinforces this trend, indicating Bitcoin outpacing gold and the S&P 500 post-major events. A 2020 study confirms Bitcoin’s role as a stabilizing asset during global uncertainty, reacting bidirectionally to geopolitical events.

CryptoQuant data reveals Bitcoin’s Puell Multiple near the discount zone below 1.40, signaling undervaluation despite recent highs above $108,000. This divergence, coupled with reduced block rewards from the April 2024 halving, suggests institutional demand or supply tightening drives the market, not miner selling pressure. Glassnode data shows Bitcoin trading between key short-term cost bases, indicating a strong foundation for recovery and potential opportunity for investors eyeing the next upward move.

Read more at Cointelegraph: BTC Buy Opportunity Emerges As Middle East Tensions Erupt