๐ Bitcoin Correction: Bears in Control
BTC dipped below $105K, nearing the lower Bollinger Band at $100,139. MACD shows bearish momentum (-718.43), with RSI(6) at 32.33 signaling oversold conditions. $3.16B in long positions at risk if BTC falls to $88,269.
๐ Altcoins like ETH lag, with the altseason index down 6 points to 12.
๐ฎ Market Outlook: Geopolitical tensions (US-Iran) and Fed policy concerns drive risk-off sentiment. Despite $86.31M in ETF inflows and Texasโs Bitcoin reserve move, volatility looms. Watch $104K support and macro developments.
