Bitcoin

Bitcoin refuses to collapse despite deepening global crisis: ‘Nice sign of life’

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Analysts caution that Bitcoin’s current rally may signal early bottoming, not the start of a new bull run.

Posted: March 4, 2026 Avatar

By: Ishika Kumari Journalist Edited By: Saman Waris Bitcoin refuses to collapse despite deepening global crisis: 'Nice sign of life'

Ishika Kumari Journalist Edited By: Saman Waris Posted: March 4, 2026 Share this article

While global headlines are filled with talks of World War III, the crypto market seems to be telling a different story.

In the past, sudden geopolitical tensions usually pushed investors to move their money into safer assets like gold. But this time, Bitcoin [BTC] reacted differently.

Despite fears of a broader economic slowdown, Bitcoin did not fall below the key $60,000 level. Instead, it moved higher. At press time, Bitcoin was trading at $66,472.88, up 0.42% in the last 24 hours.

Bitcoin DATs show strength

The strength in Bitcoin’s price action was also showing up in related stocks.

As per Google Finance data, Michael Saylor’s Strategy (MSTR) stock jumped 6.29% in one session to $137.65. Additionally, the company continues to stick to its long-term “HODL” strategy.

As per reports, Strategy bought 3,015 BTC for about $204.1 million, paying an average price of around $67,700 per coin, bringing its total holdings to 720,737 BTC.

However, it’s worth noting that the company’s BTC buying average purchase price was $75,985 per Bitcoin. Since Bitcoin is currently trading below that level, its overall position is still underwater.

Meanwhile, the mining sector is recovering at different speeds, but the overall direction remains positive.

For example, MARA Holdings was trading at $9.45, marking a strong 5.70% gain on the day, while Riot Platforms (RIOT) was priced at $16.43, posting a more modest 0.86% increase.

Trump signals a bigger storm on the horizon

On the other hand, the geopolitical situation is worsening.

In a short interview with CNN on the 2nd of March, U.S. President Donald Trump said the U.S. military is currently “knocking the crap” out of Iran but warned that a “big wave” of the conflict is still coming.

“We’re knocking the crap out of them. I think it’s going very well. It’s very powerful. We’ve got the greatest military in the world and we’re using it.”

This came alongside a report from CryptoQuant showing that nearly $1.8 billion in sell volume flooded the market within just one hour of the attack.

What actually lies ahead?

Yet, despite Bitcoin’s price showing strength in times of war, Jan van Eck, CEO of VanEck, remains cautious. He pointed out that Bitcoin is still more than 50% below its October 2025 high of around $126,000.

Based on the traditional four-year halving cycle, 2026 is expected to be a correction phase rather than the start of a new bull market.

In simple terms, this recent rally may not mean a full recovery. It could just be an early stage of bottom formation.

There is also another risk. If the “big wave” mentioned by Trump leads to a major oil shock, Bitcoin could once again move in line with high-risk tech stocks. If that happens, the $60,000 support level could be tested again.

For now, the market is not in panic, but it is not in full bull mode either. VanEck’s CEO put it best when he said,

“I think we’re making a bottom and this is a very nice sign of life.”

Final Summary

Strategy, MARA, and Riot moving higher suggest investors are backing the broader Bitcoin narrative.
Trump’s “big wave” warning and potential oil shocks could quickly shift sentiment and test support again.

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Ishika Kumari

Ishika Kumari is a Crypto Analyst at AMBCrypto, specializing in regulatory developments, market dynamics, and blockchain’s real-world impact. She breaks down complex protocols and legislation into practical, easy-to-understand insights. More Articles