{"id":27571,"date":"2026-03-23T09:53:53","date_gmt":"2026-03-23T09:53:53","guid":{"rendered":"https:\/\/investx.fr\/en\/?p=27571"},"modified":"2026-03-23T09:53:55","modified_gmt":"2026-03-23T09:53:55","slug":"bitcoin-price-ormuz-tensions","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/bitcoin-price-ormuz-tensions\/","title":{"rendered":"Bitcoin plummets amidst Ormuz tensions: Where will the price go?"},"content":{"rendered":"\n

Market Bloodbath: Bitcoin Takes the Hit<\/h2>\n\n\n\n

The geopolitical escalation in the Middle East has triggered an immediate shockwave across risk assets. Donald Trump’s 48-hour ultimatum<\/strong> concerning the Strait of Hormuz has reignited fears of a global energy crisis. With oil barrels threatening to settle durably above $100<\/strong>, the specter of stagflation is spooking investors. In this anxiety-ridden climate, the crypto market <\/a>has suffered a brutal correction<\/strong>, with Bitcoin acting as the first pressure valve in the face of macroeconomic stress.<\/p>\n\n\n\n

Within a matter of hours, volatility<\/strong> exploded. Bitcoin’s<\/a> price violently oscillated within a channel between $67,265 and $71,051, even marking an incursion below $68,000 before stabilizing around $68,395. This bearish<\/strong> dynamic caught many overleveraged traders off guard. Data reveals an 80% surge in liquidations<\/strong> across the market, crossing the dizzying threshold of $300 million in a single day.<\/p>\n\n\n\n

Bitcoin alone concentrated over $123 million in forced closures. This phenomenon illustrates a massive capital flight<\/strong> and liquidity tightening, rather than simple profit-taking. Far from the euphoria of a bull run<\/a><\/strong>, market operators are adopting a defensive posture, seeking to limit damage in the face of an increasingly uncertain economic environment.<\/p>\n\n\n\n

\"\"<\/figure>\n\n\n\n

The liquidation map shows clusters at $66,000 and $64,700<\/strong> to the south and around $69,700<\/strong> to the north. These two zones have a high probability of being liquidated in the coming days.<\/p>\n\n\n\n

Altcoins in Turmoil: Ethereum and Solana in Free Fall<\/h2>\n\n\n\n

If Bitcoin trembled, altcoins<\/strong> literally nosedived, amplifying the downward movement as is their habit during stress phases. Ethereum<\/a> (ETH) saw its price drop by more than 3% to land around $2,021. Meanwhile, highly sought-after assets like Solana (SOL) and Ripple (XRP) suffered similar losses, confirming coordinated selling pressure across the entire sector. The global market capitalization<\/strong> thus slipped toward $2.37 trillion.<\/p>\n\n\n\n

A striking feature of this retracement<\/strong>: Bitcoin’s dominance<\/strong> climbed to reach 58.2%. This 0.27% increase proves that investors are rotating their portfolios. They’re abandoning higher-risk tokens to seek refuge in the liquidity and relative safety of BTC. This behavior is typical of risk aversion<\/strong> periods and distances, for now, the prospect of a new rally<\/strong> in alternative cryptocurrencies.<\/p>\n\n\n\n

Market sentiment collapsed in record time. The Fear and Greed index plunged to an alarming score of 9, signaling extreme fear among participants. Meanwhile, short positions climbed to 51.7%<\/strong>, indicating that traders are massively betting on a continuation of the decline. Liquidity has become fragile, and the market now seems driven by panic rather than fundamental convictions.<\/p>\n\n\n\n

Will Bitcoin Bounce Back or Sink Into a New Crash?<\/h2>\n\n\n\n

The current situation raises numerous questions about the crypto market’s short-term resilience. Institutional flows, which had supported prices in recent weeks, are showing signs of weakness. After recording $199 million in net inflows on March 17th, Spot Bitcoin<\/a> ETFs<\/strong> suffered a violent reversal with $163 million in outflows the very next day. This institutional instability reinforces the climate of doubt.<\/p>\n\n\n\n

\"Bitcoin<\/figure>\n\n\n\n

Bitcoin is back in its POC zone with a crucial daily POC at $68,230<\/strong>. This level must be maintained on a daily basis. The VAL at $66,200<\/strong> is the last important liquidity zone in this range. A drop below this level and Bitcoin has $57,000<\/strong> as its next target.<\/p>\n\n\n\n

Facing these headwinds, investors must navigate with extreme caution. Will whales take advantage of this dip to accumulate, or are we witnessing the beginnings of a deeper purge? How far can Bitcoin’s price fall if the Strait of Hormuz crisis intensifies in the coming days?<\/p>\n\n\n\n

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