#Marketupdates

Bitcoin continues to respect the $104.5k level (Monthly Open) as a key 4H support. This level was tested three times in yesterday’s price action, each time holding firm – a clear sign of short-term strength.

We’re currently seeing reduced volatility despite the ongoing geopolitical tensions in the Middle East. However, any escalation – particularly involving the U.S. or its military bases – could quickly trigger a market-wide shakeout.

As we approach the weekly close, my key levels remain unchanged:

Support: $104.5k

Resistance: $106.8k

📌 I’ll be closely watching to see which level breaks first — that will guide the next directional move.