#MarketPullback

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📉 Bitcoin’s Pullback This Week — Key Takeaways

1. Geopolitical Pressure & Tilt to Risk-Off

Renewed tensions in the Middle East (Israel–Iran airstrikes) drove global markets into risk-off mode, pulling BTC under $105K mid-week—briefly dipping below $103K on June 13 .

Cryptos, perceived as speculative assets, fell alongside equities. Analysts warn this volatility could persist pending clarity on the conflict .

2. Technical Signs of Consolidation

Bitcoin has traded within a tight $103.4K–$105.6K range, forming a symmetrical triangle—classic consolidation ahead of a breakout or breakdown .

On-chain and sentiment data suggest we're in the final stage of a mild correction—declining RHODL ratio and long-term holder accumulation support a pause in pullback .

3. Macro Outlook & Market Drivers

U.S. Fed is expected to remain on hold, keeping interest rates stable—this limits both dollar strength and BTC upside .

Regulatory progress (like stablecoin clarification via the GENIUS Act) did little to offset geopolitical jitters .

The tight price action has driven volatility lower, with shrinking Bollinger Bands and flat MACD signaling indecision .

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🔍 What to Watch: Scenarios for Next Week

Key Level If Holds If Breaks

$103,400 Consolidation → possible bounce to $105.5K+ Deeper pullback to $102K–$100K

$105,600–105,800 Bulls clear resistance → rally to $107–$108.5K Turnaround → retest lower range

Geopolitical Risk Easing → safe-risk boost, BTC recovers Escalation → renewed selloff possible

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🧭 Bottom Line

This week’s pullback is a typical risk-off reaction with technical consolidation—not a reversal of the broader bull trend.

Support at around $103.4K is key: if it holds, BTC could resume its push toward recent highs around $108K.

However, a breach of this floor—especially on renewed geopolitical or macro concerns—may see prices slip back toward $100K.