Bitcoin Price Resilient Amid Geopolitical Tensions, Long-Term Outlook Positive

Generated by AI AgentCoin World
Friday, Jun 13, 2025 1:17 pm ET1min read

Bitcoin's price remains resilient despite recent geopolitical tensions, but analysts warn of a potential sharp correction if Iran closes the Strait of Hormuz. The Strait of Hormuz is a critical waterway through which nearly 20% of the world's oil supply passes, and its closure could lead to a significant spike in oil prices and a subsequent fall in risk assets, including Bitcoin.

According to market analyst

Puckrin, the biggest risk to Bitcoin's price this weekend is the potential closure of the Strait of Hormuz. Puckrin noted that if Iran were to close the strait, oil prices would see a massive spike, and risk assets would fall off a cliff. This could have severe implications for Bitcoin, as the cryptocurrency market trades 24/7 and is highly sensitive to geopolitical risks.

Puckrin stressed that Bitcoin's long-term price outlook is less influenced by geopolitics and more tied to the declining value of the US dollar. The US dollar recently hit its lowest level in three years, suggesting long-term upside for the supply-capped asset. This indicates that while short-term price action may be influenced by geopolitical events, the long-term outlook for Bitcoin remains positive.

Bitcoin continues to be closely monitored by retail and institutional investors as an emerging macro asset. Traders and analysts have mixed market theories on BTC, as it straddles the line between risk-on and a store of value asset while maturing as an asset class. The recent military actions by Israel against Iran have heightened tensions in the region, raising fears of a broader conflict and the potential closure of the Strait of Hormuz.

Long-term Bitcoin holders continue to accumulate BTC despite ongoing macroeconomic uncertainty and the uptick in geopolitical tensions. According to CryptoQuant analyst Burak Kesmeci, accumulation addresses, defined as wallets that have never sold a single Satoshi and have been active during the last seven years, recorded an inflow of 30,784 BTC, valued at roughly $3.3 billion on June 11 — the highest daily inflow for 2025. This indicates that long-term holders are confident in Bitcoin's long-term prospects and are continuing to accumulate the asset despite short-term volatility.