Bitcoin Near $70,000 Could Drop to $50,000–$58,000 if Oil Holds Above $100 on Iran Tensions, Forbes Analysis Shows

Bitcoin is trading around $70,000, roughly 45% below its all-time high of $126,000 from October 2025, and could retreat a further 15%–25% into the $50,000–$58,000 range if international oil prices stay above $100 amid escalating tensions in Iran, a March 13 Forbes analysis cited by BlockBeats shows. The report notes that when oil prices spike or plunge due to geopolitical conflicts, Bitcoin has historically struggled in the short term as a safe-haven asset, with higher oil often signaling greater inflation pressure, forcing central banks to keep interest rates elevated and weakening demand for risk assets like Bitcoin. The analysis adds that if the conflict drives oil toward $130–$140, Bitcoin could fall toward $40,000–$45,000, while a drop in oil below $80 in the coming months and a subsequent shift to looser monetary policy have previously coincided with larger rebounds, with Bitcoin expected in that scenario to start recovering by the end of 2026 and potentially revisit the $100,000 level in a later cycle.