📉 Bitcoin - Volatility Amidst Geopolitical Crisis
The price of Bitcoin has fallen between 2% and 3.4%, trading around $104,800. The main cause of this correction has been Israel's surprise attack on military installations in Iran, which has generated a wave of risk aversion in global markets.
Liquidations in the crypto market have exceeded $1.1 billion, with losses of $444 million just in positions of $BTC . Despite the downward pressure, whales have not shown signs of massive selling, suggesting expectations of recovery in the medium term.
Historically, Bitcoin has reacted with initial declines to geopolitical conflicts, but has demonstrated superior recovery capacity compared to other traditional assets.
Will this be another case of crypto resilience?