Bitcoin Holds $78k as US-Iran Tensions Rise
Bitcoin (BTC)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that Bitcoin remains resilient above $78,000 as investors anticipate a push toward $80,000. The United States and Iran exchanged military strikes over the weekend, with US Central Command targeting Iranian rocket launchers on Larak Island. Iran’s Revolutionary Guard Corps retaliated by striking US bases in Jordan and the United Arab Emirates.
President Donald Trump announced a shift to economic warfare with new sanctions to break the conflict stalemate. Bitcoin trades at $78,389, well above its 200-day Exponential Moving Average of $72,197. The asset holds above the 100-day and 50-day EMAs clustered in the upper-$68,000 to upper-$69,000 area.
Momentum remains constructive with the MACD in positive territory, though the RSI hovers just above 70. This RSI level hints at overbought conditions that could slow upside rather than reverse the trend immediately.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 31 August 2026. Not the outlet's figures.
Bitcoin is trading at $77,682.00 with a 1-hour buy ratio of 58.9% and a 4-hour buy ratio of 54.7%. These short-term figures are significantly higher than the 24-hour buy ratio of 47.5%, indicating that buying pressure is building in the immediate term. The Volume Delta shows a net inflow of +$19,174,691 over the last hour and +$18,163,760 over four hours. This positive delta means buyers are actively absorbing sell orders, contrasting with the 24-hour Volume Delta of -$35,640,805 which shows net selling over the full day. The CVD for the 24-hour close is -$4,822,121, confirming that selling pressure dominated the longer timeframe despite recent short-term strength.
The latest daily buy ratio of 46.7% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Twenty-four hours later
What BTC did over the 23 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for BTC, averaged over the days leading up to the story.
The current 24-hour buy ratio of 47.5% is slightly below the 7-day average of 49.7%, representing a difference of 2.2 percentage points. Volume over the last day is at 0.50x the weekly average, indicating a quieter trading session than usual. Over the preceding eight days, the Volume Delta totaled -$122,847,700, showing a consistent net outflow of capital. Price change over this eight-day period was -0.1%, suggesting the market has been largely stagnant. This day is slightly less bullish than the weekly norm, with lower volume and a marginally reduced buy ratio compared to the average.