📉 !Closing Week in RED! Bitcoin Struggles to Stay Afloat 🔴
We close the week with a gloomy outlook in the crypto market. Bitcoin (BTC) is trading at USD 104k-105k, marking a decline of 1.79% and returning to that familiar range between $106K and $100K. The current candle shows a strong rejection at the bottom, a sign of the intense battle between bulls and bears.
This correction, which has painted much of the market red, comes right after the escalation of the conflict between Iran and Israel. Geopolitical uncertainty remains a dominant factor, pushing investors to caution and generating volatility.
Will Bitcoin manage to consolidate above $100K or will we see greater downward pressure in the coming days? Global tension remains key to the market's direction!
Do you think BTC will hold or are more drops coming? Share your analysis! 👇
