According to Sean Farrell of Fundstrat and Nicolai Søndergaard of Nansen, Bitcoin (BTC) rebounded to $102,400 after a brief dip to $99,500 caused by Iranian missile strikes on U.S. bases in the Gulf. Farrell noted the 4% crude oil decline as a positive sign for crypto, while Søndergaard highlighted that global crises typically trigger short-term dips followed by rebounds, with exchange outflows indicating opportunistic dip buying. BTC is up 2.5% in 24 hours, and the CoinDesk 20 index rose 2.1%, per market data.