🗞️ News of the Day and BTC Forecast
📅 Current Market Condition
BTC Price: ~$98,991, showing a decrease of 3.3% over the day
Daily Range: $98,823–$103,022
Amid geopolitical risks (Middle East) and a general decrease in volatility, participants have taken a wait-and-see position. A sharp drop below $99,000 triggered liquidations amounting to $1 billion in a day.
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🔮 Forecast
**🟢 Potential Growth**: A return of inflows into ETFs and the resilience of institutional demand could support a breakout above $103–104k, with a move back to $110–112k.
**🟡 Range**: Consolidation in the range of $98,000–103,000 until stabilization amid news regarding sanctions and geopolitics.
**🔴 Correction**: A break below $98,000 could deepen the decline to $92–95k, especially if liquidations continue.