$BTC is currently trading at $105,308, marking a 2.5% decline over the past 24 hours. The cryptocurrency reached an intraday high of $108,376 and a low of $103,081. This downturn follows resistance near the $108K level and comes amid escalating geopolitical tensions, including the #IsraelIranConflict, which have heightened market uncertainty.

Analysts are closely monitoring the $106K support zone; a breach could lead to further declines toward $100K. Conversely, a rebound may test the $110K resistance.

Given the current volatility, traders should exercise caution and consider risk management strategies.

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