Bitcoin: Trump’s Head on the Shoulders of the Iran Campaign

A head‑and‑shoulders pattern has formed on Bitcoin’s daily chart. Right now, price is hovering right around the neckline—if that breaks, it could send Bitcoin tumbling down to $56K. In technical analysis, the projected drop is measured from the top of the head down to the neckline.

But in reality, where Bitcoin goes next depends entirely on what’s going on inside Donald Trump’s head. He’s put the Pentagon in charge of planning a ground invasion of Iran—one that could easily drag on. If that happens, a global energy crisis could start unfolding in just a matter of days. There’s still hope Trump realizes what’s at stake—his head hasn’t made the call yet, even though forces are already moving into position.

Institutional players are already voting with their feet. Bitcoin ETFs are seeing money flow out, and withdrawals from exchanges have stalled. A ground invasion would push miners—who’ve been in the red for six months—to sell, and corporate treasuries would start unloading their stacks too.