Saylor signals impending Bitcoin purchase in the middle of Israel-Iran conflict

INSUBCONTINENT EXCLUSIVE:
Strategy co-founder Michael Saylor posted the Bitcoin (BTC) chart signaling an impending BTC purchase by the company, despite the ongoing
to 582,000 BTC.Data from SaylorTracker shows that Strategy is up over 50% on its investment
another sign of investor confidence in BTC amid the Israel-Iran conflict and the looming uncertainty over global financial markets
Investors are watching to see how the financial system will react when markets open on Monday, following escalations by both countries over
The price of Bitcoin slid by only 3% following news of the initial strike and has held firm around the $105,000 level since the conflict
started.Bitcoin exchange-traded funds (ETFs) recorded five days of consecutive inflows this week amid the ongoing uncertainty surrounding
trade tariffs, the US economy, and the growing geopolitical tensions in the Middle East.BTC ETFs experienced a net inflow of over $1.3
billion in capital this week, according to data from Farside Investors.The Crypto Fear & Greed Index, a metric tracking overall market
tensions.Crypto prices proved resilient in the immediate wake of a new and escalating geopolitical conflict
Source: TradingViewDespite the current price resilience of Bitcoin and other cryptocurrencies, Coin Bureau founder and market analyst Nic
Puckrin warned that Iran closing the Strait of Hormuz would negatively impact risk asset prices in the near term.The Strait of Hormuz is a
narrow waterway that connects the Gulf of Oman to the Persian Gulf
at all levels of the economic production process, and a spike in energy prices will likely impact global financial markets as businesses and
investors contend with the increased operational costs.Magazine: Danger signs for Bitcoin as retail abandons it to institutions: Sky Wee