The rapid price response from Bitcoin amid breaking geopolitical news — such as the Iran missile strike on a U.S. base — is a potential signal of growing perception of BTC as a risk-off asset or hedge, not just a speculative vehicle. The 1H candle shows a violent reclaim and high volume spike right after the news hit, suggesting:
• Flight to safety flows from uncertain macro events
• Possibly institutions hedging geopolitical tail risk via BTC
That said, safe haven status is earned over time, not a single event. BTC is not yet behaving like Treasuries or gold, but this response supports the thesis that:
Bitcoin is evolving from risk-on tech trade to macro hedge