📉 BITCOIN DIPS DRAMATICALLY ON JUNE 17 – WHAT’S BEHIND THIS SLIDE?

Overnight Bitcoin slumped from about 109,000 to 104,000 in just a few hours, marking a nearly 5 percent drop amid escalating geopolitical fears and heavy long liquidations.

🟩 Increased tensions in the Middle East sparked a sharp risk-off reaction

🟩 Overleveraged long positions were liquidated as BTC lost key support

🟩 Institutional ETF inflows paused, adding to downward momentum

🟩 Technical indicators now show BTC hovering near critical $104,000 support

🗳 WHAT SHOULD WE DO NEXT?

🟩 Go long if Bitcoin finds support around $104,000 and volume improves

🟩 Go short if it breaks below this level with renewed pressure

Vote now in the poll below — I’m turning this into a quick survey. Let’s see what everyone thinks: short or long?

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$BTC