🔥 Why have cryptocurrency prices fallen in recent days? 🔥
📉 Geopolitics in the Middle East – the escalation of conflict between Israel and Iran has triggered a flight from risky assets: Bitcoin fell to $103,000, and hundreds of millions in longs were liquidated.
💰 Profit-taking, especially after record highs near $112k in May, prompted traders to sell.
📊 Technical factors – resistance levels, sideways ranges, and liquidations in leveraged zones fueled the correction.
💵 Macroeconomics and bonds – a successful auction of 10-year treasuries, weak inflation data, and expectations of Fed rates have intensified the outflow of capital into stable assets.
---
📌 Conclusion: this is not the beginning of a bear market, but a correction against the backdrop of waves of geopolitics, profit-taking, and macro risks. We are monitoring the resolution of the conflict and the new price level – 106-107k. ⏳
💡 What do you think? Write in the comments and earn together with Binance Square! 🚀