$BTC

Bitcoin dropped to around $105,117 today, reflecting a 1.7% decline amid heightened geopolitical tensions. The price fluctuated between $108,376 and $103,081 as traders reacted to the Israel-Iran escalation. Over $450 million in crypto liquidations occurred, signaling panic-driven exits. Technically, BTC broke below the 20-day EMA and key Fibonacci support near $106,200, with bearish RSI and MACD indicators confirming weakness. Despite short-term pressure, institutional inflows into BTC ETFs remain stable, hinting at underlying long-term confidence. A recovery above $108,000 could reverse momentum, while failure may lead to a retest of the $100,000 psychological support.