Bitcoin price remains under pressure as market watchers assess geopolitical risks and broader crypto sentiment. A professor who previously predicted a possible US-Iran conflict warned that rising tensions could weaken America’s position.Â
The price of Bitcoin is trading close to $68,761, which increased by 0.78% over the past 24 hours. Despite the slight recovery, BTC still struggles to break above the key $70,000 resistance level.Â
Bitcoin has fallen 10% over the last month in an extended consolidation period. Ether is weakly positive and is trading slightly above $1,900 recently. The overall market cap of cryptocurrencies increased by 0.53% to reach 2.34 trillion, and favorable regulatory news supported the growth.
Historian Who Predicted Trump Win and Iran War Says U.S. May Lose
Washington analysts are revisiting warnings from Beijing historian Jiang Xueqin, who predicted a Trump victory and escalating conflict with Iran.
He argued in May 2024 that a second Trump administration would engage in a military conflict with Tehran and ultimately lose it.
The projection was not taken into account by many at the time, yet two key factors subsequently emerged to develop as suggested by the historian.
Trump was elected in 2024, and the tension between the two countries escalated when Iran clashed with the United States over several short confrontations, one of which was the 12-Day War of 2025.
The aggression caused by Operation Epic Fury on February 28, 2026, against Iranian leadership and nuclear facilities in various locations led to the recurrence of hostilities.
The American-Israeli operation prompted the Iranian retaliatory missile attacks as well as increased cross-border participation by regional proxy forces.
The oil and gas prices swings together with new security threats on shipping lanes throughout the world trade were rapid responses to energy markets.
Jiang continues to believe that the wider conflict may engulf Washington in an expensive battle of various influential international players in the long run.
According to his theory, American strategy is based a lot on the airpower and the precision strikes that assume the enemy leadership will collapse due to the first strikes.
His arguments are the subject of discussion among critics, but the ongoing clash has brought back the debate on whether American military power has been overly extended in war in the contemporary times.
Bitcoin Spot ETFs Record $225M Inflow as BlackRock’s IBIT Leads Market
According to data from SoSoValue, cryptocurrency exchange-traded funds recorded mixed capital flows on March 3. Bitcoin spot ETFs have drawn in a consolidated net inflow of 225 million. BlackRock IBIT was the top-ranked product in terms of inflows of 322 million.
According to SoSoValue, on March 3rd (ET), the total net inflow for Bitcoin spot ETFs was $225 million, with BlackRock’s ETF IBIT leading the inflow at $322 million. Ethereum spot ETFs saw a total net outflow of $10.75 million, while BlackRock’s ETF ETHA led the inflow with… pic.twitter.com/QblTSy2T4b
— Wu Blockchain (@WuBlockchain) March 4, 2026
In the meantime, Ethereum spot ETFs recorded a negative net outflow of $10.75 million. Nevertheless, the ETHA of BlackRock realized a gain of 41.92 million. There were also XRP spot ETFs, which registered $7.53 million in net inflows daily.
Bitcoin Price Eyes Downward Risk Toward $65K as Rally Slows Near Resistance
The latest BTC price traded at $69,836 during early Wednesday trading as momentum strengthened near key resistance. Bitcoin price remains in a narrow band between the $65 000 support and $70 000 resistance levels.
The four-hour chart indicates that the buyers are slowly driving the price towards the upper end of the consolidation. Momentum indicators indicate rising strengths when MACD lines are above the signal line. The RSI market indicator is at an almost 66 level, which means there is a bullish pressure, but not overbought yet.
A confirmed breakout above $70,000 may trigger a quick move toward the $72,000 resistance target as per the future Bitcoin outlook.Â
A higher breakdown might revert BTC to retest the $67,000 and $65,000 support areas.
