$BTC
Today, the Bitcoin market is facing several challenges that may affect price movements. One of the most prominent factors is the geopolitical tension in certain regions, especially the impact of talks between Russia and Ukraine, where investors in such circumstances tend to reduce their exposure to high-risk assets like cryptocurrencies.
On the other hand, there is anticipation for U.S. economic data that may be released later, concerning inflation and interest rates. Any indication of tightening monetary policy could put pressure on Bitcoin to decline.
Technically, Bitcoin faces strong resistance around the $105,000 level, and if it cannot break through it firmly, we may see a correction towards closer support levels at $98,000 or even $95,000.
Additionally, I have noticed unusual movements from "whale" wallets, which may indicate preparation for significant price volatility.
In light of this information, I keep my eyes on the news and plan to enter the market only with clear technical confirmation and an appropriate stop-loss strategy
