$BTC

📈 Bitcoin bounces back to $106K amid geopolitical tensions

After a decline to $102,600 due to the escalation of the conflict between Iran and Israel, BTC temporarily recovered to $106,000, but by evening it retreated slightly again — the current price is around $105,200. This is still approximately 6% below the all-time high.

🧮 The market is generally under pressure:

• The CoinDesk 20 index fell by 4.4%.

• Ethereum ($ETH), Avalanche ($AVAX), and Toncoin ($TON) — a decline of 6% to 8%.

• Shares of crypto companies are predominantly in the red. Miners MARA and RIOT were particularly affected.

💡 An exception is Circle (+13%), thanks to a successful IPO and interest from Amazon and Walmart in stablecoins. This could be an important signal for the market and a step towards broader adoption of digital payments in the real sector.

📉 What do analysts say?

• Markus Thielen (10x Research): a drop below $106K is a “false breakout.” Consolidation in the $100K–$101K range is possible.

• John Glover (Ledn): BTC has entered a correction phase. The potential target for the decline is $88K–$93K. However, if support is confirmed, movement towards $130K may begin.

📌 Conclusion:

The market remains volatile and sensitive to external factors. Investors have taken a wait-and-see position amid rising geopolitical risks.