Key Takeaways:
Bitcoin fell after Trump said Iran’s supreme leader is an “easy target,” escalating geopolitical risk.
BTC dropped from $104,310 to $103,553 before recovering to $105,450.
Crypto sentiment weakened as the Fear & Greed Index fell to neutral (52) for the first time in 11 days.
Analysts warn of a potential Bitcoin retest below $100,000, possibly as low as $93,000.
Bitcoin and major cryptocurrencies dipped Tuesday after U.S. President Donald Trump issued a veiled threat toward Iran’s supreme leader, raising concerns about escalating geopolitical tensions in the Middle East.
“We know exactly where the so-called ‘Supreme Leader’ is hiding. He is an easy target... but we are not going to take him out — at least not for now,” Trump posted on Truth Social. He demanded Iran’s “unconditional surrender” and warned that U.S. patience is “wearing thin.”
The remarks came after a series of missile exchanges between Israel and Iran, fueling global risk-off sentiment.
Crypto market reacts swiftly
Bitcoin (BTC) fell sharply to $103,553 within an hour of Trump’s comments before rebounding to $105,450, per CoinMarketCap.
Ether (ETH) dropped 1.3% to $2,462, while XRP slid 1.3% to $2.14.
The Crypto Fear & Greed Index fell 16 points to 52 (Neutral) — its lowest in 11 days.
Analysts split on Bitcoin’s next move
Some analysts believe BTC could drop below the key $100,000 psychological level:
“Bitcoin will drop below $100,000 in the coming days,” warned analyst Doctor Profit, who sees potential downside to $93,000.
Others remain more optimistic, citing current price structure as a foundation for a stronger uptrend:
“Much more sustainable than a rapid climb without any structure being built,” said trader Jelle.
Still, Bitfinex analysts cautioned that Bitcoin must stay above $102,000 to maintain bullish momentum.
