BTC jumps 4.27% over 24 hours: tensions between the US and Iran escalate, triggering a surge in safe-haven buying

As of July 14, 2026 (UTC), BTC rose approximately 4.27% over the past 24 hours, rebounding from a low of $62,294.7 to around $65,002.6. The latest K-line shows a closing price of $64,864.7, with an intraday gain of +0.17%. The price range was $62,273.7–$64,485.9, with an amplitude of 0.34%. The Order Book displays an extremely bid-dominant pattern, with a buy/sell depth ratio of 46.82, indicating a sharp surge in market attention and continued inflow of risk-hedging funds.

The main driver behind this move is the full-scale escalation of the US-Iran military conflict. On July 15, the US launched another round of strikes targeting Iran and is preparing to restart a maritime blockade in the Strait of Hormuz, with military confrontation between the two sides continuing to escalate. Oil prices surged to a one-month high of $85 per barrel, and gold also rebounded to $4,013. This geopolitical crisis chain has significantly increased the market’s recognition of BTC’s “digital gold” safe-haven attributes, driving funds to rotate from traditional markets into crypto assets.

In addition, institutional capital continues to flow in and form a combined force. Public companies such as MicroStrategy continue to increase holdings; ETF products see strong fund inflows. As US-China trade tensions ease, the trend of USD depreciation and risk appetite spillover from the AI technology sector provide BTC with structural buying support. Meanwhile, although FED Chair Warsh did not provide clear guidance on rate hikes, June inflation fell from 4.2% to 3.5%, and core inflation came in at 2.6% year-over-year, easing near-term pressure for rate hikes and leaving some breathing room for risk assets. On the technical side, the 1-hour RSI has entered the overbought zone (ADX=38.9), and the rapid short-term rise raises the risk of a technical pullback. The 4-hour MA remains bearish, and the broader trend has not yet fully reversed.

At present, the microstructure of the Order Book is highly biased toward longs, with a large buy wall at $65,002.5 (0.4095 BTC), suggesting an institutional-level intention to support the price. However, traders should be wary of distortion risk, as an overbought 1-hour RSI combined with an extreme buy/sell depth ratio may not fully reflect underlying strength. Key catalysts to watch next include how the US-Iran conflict unfolds, Trump’s gold-hour speech, and the Fed’s July FOMC meeting. Key price levels: overhead resistance at $65,100; after a breakout, watch the $66,000–$67,000 range. Downside supports are $65,000, $64,500, and $62,300.