Bitcoin Recovery Fragile Amid Ongoing War in Middle East

The current state of the global economy is causing concern among cryptocurrency investors as the ongoing war in the Middle East continues to impact markets. According to Nic Puckrin, a crypto market analyst and founder of Coin Bureau, the Bitcoin (BTC) recovery is fragile due to geopolitical tensions.

Puckrin believes that even if the war ends soon, its repercussions will likely dominate markets in 2026. He expects interest rate cuts or credit easing to stimulate asset prices, but this may not happen until late Q3 or Q4 of 2026, if at all.

To achieve a push towards $90,000, Puckrin suggests that several factors need to come together: a ceasefire leading to the end of geopolitical tensions, sustained lower oil prices around $80, and softer-than-expected economic data reducing stagflation fears. If Bitcoin closes above $71,000 this week, it may signal continued upside with resistance forming at the $74,000 level.