Bitcoin just took a quick dip to $104Kābut bulls jumped in fast. With Middle East conflict flaring and Trump-era tariff fears back, markets are shakyā¦ but BTC$BTC is showing surprising strength. šŖ
š¢ What Just Happened?
BTC$BTC dropped to $104,182 overnight, triggering heavy volume buys (15K+ BTC traded š).
Quick bounce back above $105Kānow hovering at $105,100, down just 0.22%.
Traders are treating $105K as a soft support, and itās holding upāfor now.
š§ Why It Matters:
Geopolitical fears (Israel-Iran war) and global trade war worries are back in the headlines. Risk assets dipped hard, with $1.1B in crypto liquidations, but Bitcoin didnāt break downāit bounced. Thatās bullish.
š TA Snapshot:
Support: $104,950ā$105,000 š„
Resistance: $106,200 (profit-takers waiting here)
Structure: Higher lows intact = Still bullish trend
š§ What to Watch:
As long as $104.9K holds, BTC $BTC might make another push past $106.2K. Short-term dips are being bought aggressively, and smart money seems to be accumulating.
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š§ Bottom line: BTC is acting like a champ despite global fear. Could be prepping for a breakoutākeep your eyes on $106K!
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