📉 Bitcoin Slides to $104K – Correction or Buy Signal?
Bitcoin is trading around $104,800, down nearly 2.3% in the past 24 hours. The dip comes as global markets react to rising geopolitical tensions, especially in the Middle East. BTC options worth $3 billion are expiring today, with a max pain point near $107,000, adding pressure and volatility.
Despite the pullback, institutional demand remains solid—BlackRock just added ~2,650 BTC to its ETF. Exchange reserves are dropping, signaling accumulation, not panic.
⚠️ Support lies around $103K–$104K. If it holds, we could see a bounce. If not, $100K could be tested soon.