$BTC
Bitcoin (BTC) is currently trading around $104,722, down approximately 2.66% today, with an intraday range between $103,081 and $108,376 .
📉 What’s driving the drop?
Geopolitical tensions: Renewed Israel–Iran conflict has triggered global risk aversion, prompting investors to seek safety in assets like gold, the dollar, and bonds—hurting crypto along the way .
Options expiry pressure: Nearly $3 billion in BTC options expire today, likely increasing volatility and pushing prices toward the "max pain" point around $107K .
Technical indicators weaker: Bitcoin has breached its 50‑day and 20‑day moving averages, with RSI showing neutral-to-oversold momentum—support lies around $101K and $97.8K .
⏳ What to watch next
Options expiration at 08:00 UTC tomorrow: Could swing BTC toward $107K on a short squeeze, or down below support if selling dominates .
Geopolitical news flow: Any escalation in the Middle East could deepen risk-off sentiment, pushing prices lower.
Macro sentiment: Further risk shifts in equities, commodities, or FX markets may spill over into crypto.
DISCLAIMER : PLZ do your own research
this post only for information purposes
Bitcoin (BTC) is currently trading around $104,722, down approximately 2.66% today, with an intraday range between $103,081 and $108,376 .
📉 What’s driving the drop?
Geopolitical tensions: Renewed Israel–Iran conflict has triggered global risk aversion, prompting investors to seek safety in assets like gold, the dollar, and bonds—hurting crypto along the way .
Options expiry pressure: Nearly $3 billion in BTC options expire today, likely increasing volatility and pushing prices toward the "max pain" point around $107K .
Technical indicators weaker: Bitcoin has breached its 50‑day and 20‑day moving averages, with RSI showing neutral-to-oversold momentum—support lies around $101K and $97.8K .
⏳ What to watch next
Options expiration at 08:00 UTC tomorrow: Could swing BTC toward $107K on a short squeeze, or down below support if selling dominates .
Geopolitical news flow: Any escalation in the Middle East could deepen risk-off sentiment, pushing prices lower.
Macro sentiment: Further risk shifts in equities, commodities, or FX markets may spill over into crypto.
DISCLAIMER : PLZ do your own research
this post only for information purposes
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
BTC
105,424.65
+1.78%
