$BTC Bounce Fizzles — Dark Clouds Loom Over Crypto 🚨
After a brief pop above $100K, Bitcoin quickly tumbled back below that critical level—slumping to $98.5K on Sunday and now hovering just above $100K.
The catalyst?
Geopolitical turmoil.
According to Axios, Iran is reportedly preparing retaliation against U.S. bases in the Gulf following recent airstrikes on its nuclear sites. Tensions are spinning up fast. 😟
Here’s why this matters to you:
🔻 Risk-On Assets Hit Hard
Major altcoins didn’t escape the fallout. Ethereum slipped under $2,200, and even XRP dropped below the $2 threshold.
Fear spreads fast in volatile political climates.
📊 Technical Breakdown in Play
Bitcoin’s inability to hold above $100K is worrisome.
It signals shaky bullish conviction, and the next major support zone lies around $95,000–$97,000.
⚠️ Stay Alert and Adapt
This session could bring more choppy price action.
Ice your positions, tighten stop-losses, and follow the geopolitical headlines closely.
🔍 My Take:
Short-Term Correction Possible: If tension escalates, Bitcoin could dip toward $95K–$97K.
Cautious Re-Entry Strategy: Look for signs of stabilization near these levels before adding exposure.
Eyes on $104K+: A breakout above recent highs with renewed confidence could reset the bullish narrative.
🛠️ What You Can Do:
Hedge smartly — Consider short-term hedges or tight trailing stops.
Watch support levels — $98K, $95K, and $92K are key pivots right now.
Follow the news — A sudden de-escalation could spur a sharp bounce.
Bitcoin’s resilience is being tested. Will it break back through $100K—or dive deeper?
👇 Let me know your strategy for trading through geopolitical volatility!
🧭 Not financial advice. Always DYOR and manage risk responsibly.
#bitcoin #BTC #CryptoNews