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$BTC down😐
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#IsraelIranConflict Why Cypto Market Crashed Today? 1. Geopolitical tensions sparked a risk-off wave Israel’s airstrikes on Iranian military targets triggered a sharp decline—Bitcoin dropped over 4%, from ~$108K to around $103.5K, as investors rushed into traditional safe-havens like gold . Crypto market liquidations surged—roughly $335 million in just one hour following the strike news . 2. Massive futures liquidations The sudden volatility triggered a cascade: traders holding leveraged long positions faced forced sell-offs, amplifying the downward move . 3. Technical-driven pullback Bitcoin’s rally near $111K hit resistance at the upper Bollinger Band, signaling overbought conditions. After peaking, the price pulled back to the mid‐band (around $106–$108K) . Indicators like Stoch RSI flipped from overbought zones, suggesting a consolidation phase was overdue . 4. Profit-taking after ETF‐driven rally Crypto has seen heavy ETF inflows recently (e.g. $164M into Bitcoin ETFs just Jun 11), lifting prices toward record highs . This often leads to profit-taking and short-term corrections. 🔍 Summary Today's crypto dip is the result of a perfect storm: Trigger Effect Mideast conflict Fear → flight from crypto Massive liquidations Amplified the sell-off Technical resistance & overbought Natural cooldown Profit-taking post‑ETF surge Sellers locking gains What could happen next? If geopolitical tensions ease, crypto markets could rebound quickly—Bitcoin has shown resilience post‑crisis in past cycles . But keep an eye on key support levels: around $106K–$108K for $BTC , and $2.7K for $ETH .
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$BTC 95k?? $ETH 2400??? #MarketPullback #BinanceHODLerRESOLV #BTC110KSoon? #StrategyBTCPurchase
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btc is still bullish or not plz guide me #BTC110KSoon? $BNB $BTC #MarketRebound #TrumpVsMusk
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