Today, the price of **Bitcoin (BTC)** experienced notable fluctuations under market conditions influenced by geopolitical factors and global market volatility. According to the latest data, the price of BTC is approximately **$105,030**, with a decrease of **2.17%** over the past 24 hours.
### Factors Affecting BTC Price Today:
1. **Geopolitical Tensions**: Escalating conflicts in the Middle East and Europe have negatively impacted investor sentiment, leading to widespread sell-offs in the cryptocurrency market, including Bitcoin.
2. **Global Economic Data**: Fluctuations in traditional financial markets, such as U.S. interest rate expectations, affect BTC movements. Some news suggests that a rate cut may support the rise of digital currencies, but current volatility indicates investor caution.
3. **Institutional Fund Flows**: There are reports of positive financial flows towards Bitcoin exchange-traded funds (ETFs), which may indicate some large institutions' confidence in Bitcoin's long-term future.
### Technical Outlook:
- Today's technical analysis indicates a **short-term sell** signal, while the weekly analysis shows a **buy** signal, reflecting the rapid fluctuations in the market.
- Near support: **$102,711** (daily low), and resistance: **$107,890** (daily high).
### Summary:
Bitcoin remains one of the prominent digital assets thanks to its features such as **decentralization** and **maximum supply (21 million coins)**, but its current volatility requires close monitoring of political and economic factors. Traders are advised to exercise caution and follow risk management strategies.
