Bitcoin isn't broken, it's waiting for a confirmationBitcoin / TetherUSBINANCE:BTCUSDTManishaMishraEveryone’s asking, “Why isn’t Bitcoin exploding during this West-Asia Conflict" Here’s the uncomfortable answer👇 When the US-Iran conflict escalated, Bitcoin didn’t act like digital gold. Of course, it dumped instead. Now look at the chart: Phase 1 - Panic sell-off (war headlines hit) Phase 2 - Slow recovery (institutional money steps in) Phase 3 - Choppy grind (retail returns, but conviction is weak) We’re here in Phase 3⤴️ Stuck below resistance, moving inside a rising wedge. And this is where it gets political. With Donald Trump back in the spotlight and campaigning on: Pro-crypto regulation Dollar dominance Aggressive geopolitical positioning Markets are confused. Because Trump = ➡️ Potential liquidity boost (bullish for crypto) BUT ALSO ➡️ Higher geopolitical risk (bearish short-term) That’s exactly what this chart reflects: Not a breakout. Not a breakdown. Just hesitation. Bitcoin isn’t reacting to headlines. It’s reacting to liquidity vs. fear. Until one wins decisively, expect -Fake breakouts -Volatility spikes -Retail getting chopped The real move comes when macro picks a side. So no, Bitcoin isn’t broken. It’s probably waiting.