Bitcoin Bull Market Intact: Ignore the Fear, Watch the Data
🎙 By Tony Edward | Thinking Crypto Podcast
As global tensions heat up, especially with the Israel-Iran conflict, many are wondering: Is this the end of the crypto bull market? The short answer is — no, and here’s why.
WILL WAR END THE CRYPTO BULL MARKET?
🌍 War, Fear & The Crypto Cycle
We’ve seen this movie before. Remember the Russia-Ukraine war? Remember Covid? Massive uncertainty. But guess what? Those events didn’t kill the bull markets. Why? Because crypto cycles — like all risk assets — are driven by global liquidity and macroeconomic flows, not headlines.
We’re still riding the wave of a bull market powered by central bank liquidity injections and the softening of financial conditions. It began when the Fed paused rate hikes, and since then, central banks globally have turned on the money printer again.
📊 Bitcoin Technicals: Still Bullish
Bitcoin has been consolidating around the $103K to $105K range. Could we test $98K support? Maybe. But we’re well above the 200-day moving average, and historically, that’s been the dividing line between bull and bear trends.
“Nothing good happens below the 200-day MA — and we’re still comfortably above it.”
— Tony Edward
The S&P 500 tells a similar story. It V-shaped out of the tariff dip and remains strong. Bitcoin’s structure on the weekly chart is holding. The bull case is intact unless that breaks.
🌐 Macro Data: Liquidity Is Rising
Let’s look past the fear and into the facts:
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Global liquidity is up — significantly.
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The DXY (Dollar Index) is falling, historically bullish for Bitcoin.
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The M2 money supply is surging again — suggesting pseudo-QE is happening.
These are bullish ingredients for Bitcoin and other risk-on assets.
And as Sven Henrich noted, “The final missile will be QE.” Whether it’s war, recession, or anything else — the response is always money printing. And in fiat systems, that means rising asset prices.
🐋 On-Chain Data: Whales Are Accumulating
Santiment reports that Bitcoin whales (holding 10+ BTC) are increasing their positions. A clear sign that the smart money isn’t exiting, they’re buying.
At the same time, Bitcoin ETFs from BlackRock and others continue to see inflows — five days straight — even amid geopolitical uncertainty.
🏛️ Trump, Bitcoin, and Political Tailwinds
Donald Trump’s companies, including Trump Media and World Liberty Financial, are making big moves:
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Trump Media cleared SEC approval for a $2.3B share resale — capital likely aimed at a Bitcoin treasury strategy.
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Trump’s team has floated the idea of launching a Bitcoin ETF.
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Michael Saylor is looking to buy more BTC despite global unrest.
“Put politics aside and watch what smart money is doing.”
🧠 Emotional Discipline in Volatile Times
Markets test patience. Emotional investors sell bottoms and FOMO tops.
Tony’s advice?
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Stick to the data.
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Take breaks from your portfolio if needed.
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Don’t let Twitter or news headlines control your strategy.
“You don’t need more information — you need less emotion.”
⚖️ Exchanges vs ETFs: A Battle Brewing
Crypto exchanges are charging spreads that would make a 1970s stockbroker blush. Coinbase, for example, marks up BTC by thousands of dollars on both sides of a transaction.
As ETF expert Eric Balchunas noted, ETFs offer lower fees, tighter spreads, and will begin to steal market share. TradFi is coming — with better infrastructure, stronger branding, and deeper pockets.
“Crypto exchanges need to level up — or risk getting crushed by Wall Street.”
✅ Final Takeaways
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The bull market is not over.
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Bitcoin remains in an uptrend above major support.
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Global liquidity is rising — the fuel for risk assets.
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Whales, ETFs, and institutional players are buying, not selling.
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Fear is high — and that’s your opportunity.
🧠 Stay smart. Stay calm. Stay positioned.
💬 Want more insights?
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Subscribe to the Thinking Crypto Podcast
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Read Tony’s Crypto Investing Book
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Enroll at MyCryptoCourse.com
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