$BTC

📊 **Bitcoin Technical Analysis* 📊

Bitcoin is currently experiencing a tight range around **$103,800–$105,839**. It rose to **$108,450** yesterday, but after news of Israel launching an attack on Iran, it experienced a sharp pullback to **$102,730**. With the support it received from this level, it rebounded to **$104,600**.

📍 **Short-term resistance levels:**

🔸 $104,600

🔸 $106,000

🔸 $108,500

📍 **Support points:**

🔹 $102,700

🔹 $100,000

🔹 $98,400

⚡ **Market Dynamics:**

Volatility in the derivatives market has surged excessively, and the market has become very sensitive to instant news flow. If the **$102,700** support is broken, there is a risk that the decline could extend below **$100,000**.

📢 **Conclusion:**

For long-term investors, pullbacks may create **buying opportunities**. However, the market is quite volatile, so it is essential to be cautious.