The Bitcoin price gives a bullish breakout from a six-month channel pattern to bolster a renewed recovery trend Whale entities accumulated nearly 270,000 BTC over the past 30 days, marking the most aggressive buying activity since 2013.BTC above 20-day exponential moving average indicates the initial shift in market sentiment.The pioneer cryptocurrency Bitcoin shows notable volatility during Tuesday’s market hours to trade at $75,568. The daily candle shows price rejection on either side indicating an uncertain market sentiment amid escalating geopolitical tension in the middle east. In addition, the on-chain data shows short-term holders have not yet reached capitulation, which historically acted as a reliable signal for Bitcoin price bottom. Will BTC lose $70,000 again?BTC Volatility Rises as Trump Delays Iran StrikeIn the last 24-hours, the Bitcoin experienced notable volatility as its price fluctuated between $74,814 to $76,944 and settled around $75,818 with a neutral candle formation. A primary catalyst to this uncertainty was the escalating instability in the ceasefire between the U.S and Iran.In a recent truth post, U.S. president Donald Trump mentioned that has opted to postpone the military attack on Tehran. This change of strategy is based on high-level requests made by the top leadership of Pakistan, namely the Prime Minister Shehbaz Sharif and the Field Marshal Asim Munir Trump who remarked that we have been requested to suspend our Attack on the Country of Iran until the time that their leaders and representatives can come up with a unified proposal.This ruling is after Washington has alleged that the ruling body in Tehran is in a state of serious division. Although the direct threat of dropping bombs is put on hold, the Pentagon does not rest. Trump has ordered our Military to carry on with the Blockade in order to keep the pressure on the region.U.S. troops are ordered to be prepared and available as diplomats hold on until the Iranian authorities can come up with a unanimous reaction. The President acknowledged that he will thus suspend the Ceasefire up until such a time when their offer is placed and all the associated talks are completed.Bitcoin price Bear Cycle Persists Until STH–LTH Price FlipWhile some traders watch simple price charts, on-chain analysts are tracking a specific crossover to signal the true end of the crypto winter. Statistics indicate that the bear market in Bitcoin continues until a clear change in the cost basis of investors takes place. Specifically, “it will only end when the Short-Term Holder Realized Price drops below the Long-Term Holder Realized Price.”This measure is a historical macro-indicator. Observers add that that was the way it worked in earlier cycles, and so this is one of the main relationships on which market bottoms are timed. As a result, most are being instructed to “put your alarm on now to get this certain technical inversion.