$BTC 📉 Geopolitical Shock — Sharp Drop to ~$103K

• On June 13, as Israel launched airstrikes on Iranian nuclear and military sites early in the morning, BTC tumbled from roughly $110K to as low as $103K—a nearly 7% intraday fall, wiping out long positions en masse  .

• CoinDesk noted a drop to about $103.9K, with a swing between $103.16K and recovery near $105.3K .

• Industry coverage confirms BTC sank below $103K, with intraday highs and lows spanning $106K to $103K .

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🔁 Stabilization between ~$104.2K – $105.5K

Over the subsequent days, BTC rebounded and consolidated:

• Trading steady within a $104.2K to $105.5K range, with today’s value around $105,242  .

• By June 16, BTC had recovered to about $106.8K, marking a ~1.3% rise as tensions eased .

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🚦Footprint of Risk-Off Sentiment

• The initial drop reflected a classic “risk-off” reaction—BTC behaved more like a tech stock than a safe haven, with gold and oil appreciating in response to regional risk .

• Over $1B in leveraged long positions were liquidated during the selloff .

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🔍 Where It Stands Now

• Current range: fluctuating between $104.2K–$105.5K, post-volatility.

• Volatility outlook: still fragile—further escalation could push BTC lower, below the $100K mark; de‑escalation could foster a rebound toward previous highs  .

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📝 Suggested Social Media Post

Bitcoin update amid Iran‑Israel tension

• 📉 June 13: BTC plunged from ~$110K to ~$103K during Israeli airstrikes on Iran—over $1 billion in longs liquidated.

• 🔁 June 14–17: BTC has stabilized between $104.2K–$105.5K.

• 📊 Today, BTC sits around $105.2K, retracing from a brief rebound to ~$106.8K.

• ⚠️ Geopolitical risk remains high—further escalation could reprise selloff, while calm could support renewed upside.

✅ Quick Summary

Event

Price Range

Pre‑strike peak

~$110K

Strike‑day lows

~$103K

Post‑strike rally & consolidation

$104.2K–$105.5K

Today’s price

~$105K