#bitcoin
📉 Bitcoin falls to $66K: Trump promises “super-powerful strikes” on Iran
The crypto market is back in the red. Donald Trump’s morning speech dashed hopes for a quick de-escalation of the conflict in the Middle East.
🚩 Highlights from the speech:
• War timeline: Trump said the US plans to complete military objectives within the next 2-3 weeks, promising “extraordinarily powerful strikes.”
• Oil independence: The president emphasized that the US imports almost no oil through the Strait of Hormuz, which gives him free rein for radical actions.
• Market reaction: The lack of clear signals for peace has triggered a sell-off. “The market is trading as if the war is unfolding for a new month-long escalation cycle,” the Kobeissi Letter notes.
📊 Morning figures (04/02/2026):
• BTC: $66,770 (-2.28%) — price broke the $67K support.
• Oil: Jumped 6% to $103.51 per barrel.
• Gold: Decreased to $4,692 (investors are cashing out).
• Nasdaq: Dropped 1.40%.
🐋 What does on-chain data say?
CryptoQuant analysts have noticed a worrying trend:
1. Whales are dumping: Holders of 1,000 to 10,000 $BTC have switched to distribution. The annual accumulation trend has officially turned downward (-188,000 $BTC ).
2. Demand deficit: Despite purchases via ETFs, overall demand for Bitcoin is in a “deep contraction” (-63K BTC in the last 30 days).
3. Light at the end of the tunnel? The “Supply in Loss” indicator is rapidly increasing. Historically, this signals the final stage of a market correction.
Summary: Altcoins (#ETH , #sol , #bnb ) are suffering even more. The market has completely switched to “war weeks” standby mode.
