$BTC
One possible reason behind Bitcoin’s recent drop ⏬⏬⏬and the panic selling across the market could be rising geopolitical tensions.
Ongoing conflicts between the U.S. 🇺🇸and Russia 🇷🇺 are creating global uncertainty, pushing investors toward safer assets.
Moreover, rumors of a potential 🇮🇱Israeli military strike against Iran 🇮🇷 are adding further fear and instability to the region.
In times of political unrest, riskier assets like cryptocurrencies often see sharp declines as traders move to cash 💵💴💶 or traditional safe havens.
This current wave of fear-driven selling may not be entirely technical — it’s also fueled by escalating global events and the anticipation of further volatility ahead.