Is World War III Starting? U.S.-Israel-Iran Conflict Escalates Beyond, Bitcoin Price At Risk

by

So, it looks like the world is on the brink of World War III. Or maybe not. Who knows anymore? The U.S., Israel, and Iran have decided to turn their long-standing drama into a full-blown reality show, and naturally, everyone else is just tagging along. The UK, France, and Germany are backing the U.S. like the loyal sidekicks they are, while Russia and China are rolling their eyes from the sidelines, criticizing everything. Meanwhile, Bitcoin, being the drama queen that it is, has decided that if there’s going to be a global meltdown, it might as well go down in flames with the rest of us.

U.S.-Israel & Iran Conflict Escalating World War III

On February 28, 2026, the U.S. and Israel teamed up to unleash a series of airstrikes on Iran, targeting military sites, key leaders, and anything else that could possibly get caught in the crossfire. Oh, and in case you were wondering, the office of Iran’s Supreme Leader Ayatollah Ali Khamenei got a visit too. It didn’t go well for him. He was reportedly killed in the attack. But no big deal. Just another Tuesday, right?

Of course, Iran didn’t just sit there sipping tea. No, they responded with missile and drone attacks, not just on Israel but also on U.S. military bases in the Gulf. Throw in some strikes in Bahrain, Qatar, Kuwait, Saudi Arabia, Oman, the UAE-basically anywhere the U.S. has a military presence, and you’ve got yourself a real international cluster.

And just when you thought it couldn’t get any messier, Iran threatened to block the Strait of Hormuz. Why? Oh, just because it carries about 20-30% of the world’s oil supply. No big deal, just global economic chaos on the horizon.

Needless to say, the sudden uptick in military action has got some people biting their nails about World War III becoming more than just a theory. You know, just the usual end-of-days stuff.

Rising Global Tensions Raise Fears of Wider War

But wait, there’s more! It turns out, Hezbollah, Iran’s biggest fan club, has also decided to join the fun, launching rockets at northern Israel. Naturally, Israel struck back at Lebanon. Because, you know, everyone loves a good cross-border exchange of firepower.

The U.S. has its cheerleaders in France, Germany, and the UK, who are all on board, criticizing Iran’s actions and calling for talks. Why? Because diplomacy solves everything, right?

Meanwhile, Russia and China are shaking their heads in disapproval from afar. They’ve called the U.S. and Israeli airstrikes “unjustified” and warned that this little skirmish could spiral into something much, much worse. How very diplomatic of them.

The United Nations is waving its little flag and calling for restraint, urging everyone to go back to the table and chat it out like grown-ups. But let’s be real-nothing says “peace talks” like a missile strike and a few drone explosions, right?

Bitcoin Price To Hit Hard

Now, while the world’s political leaders are busy flinging missiles at each other, Bitcoin decided it would be a great time to drop to $63,000. Because if the world’s about to implode, why not have your crypto portfolio implode along with it?

Altcoins didn’t do much better. ETH, XRP, SOL, ADA, Dogecoin-they all took a tumble. Nothing says “stable investment” like a 10% drop when global tensions are at an all-time high. Bitcoin closed February down 15%, marking its fifth straight month of losses. But don’t worry, some expert analyst over at CryptoQuant said that about 9.09 million BTC, nearly 46% of the total supply, is now sitting at a loss. So, you know, it could be worse. Or not.

Looking at the trend, $58,000 seems to be a solid buying zone. This level has been like that one friend who always shows up when things go south. In previous cycles, it’s been a reliable support zone. But who’s counting?

My target for Bitcoin.

First level: 65k. That’s the previous all-time high. We’re already there. If you buy the thesis, it’s already time.

Second level: 58k. The 200-week simple moving average.

In 2020, the 200W SMA caught the COVID crash. In 2018, it marked the absolute…

– VirtualBacon (@virtualbacon) March 2, 2026

Read More

2026-03-02 15:36