📉 BTC dropped into the $98K–99K range early today, triggered by fresh U.S.–Iran tensions.
Quick bounce back to $101K, but current action remains trapped in a descending channel .
Watch These Key Levels:
🛡️ Support: $98,200 — break below could mean a drop toward $92K .
🚧 Resistance: $107K–$108K — clearing this might open a run toward $112K+ .
📊 Momentum is mixed — short-term bearish, but institutional flows and ETF demand still underpin upside .
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Trade Mindset:
✅ Bulls: Look for dips toward $98K with low-risk entry.
🔍 Bears: A drop below $98.2K could accelerate downside.
📈 Once $107K breaks — brace for quick gains to $112K+.
Keep your stops tight and follow volume. Smart traders act, not react.
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