According to Michaël van de Poppe , Bitcoin (BTC) failed to break through the key resistance level at $110,000 and is now expected to see a corrective move. Ongoing geopolitical tensions between the US and Iran are fueling a rally in Gold, which could influence risk sentiment across crypto markets. However, as long as Bitcoin remains above the support level at $106,000, there is no immediate technical threat to the bullish structure. Traders should monitor these levels closely for short-term trading opportunities and be mindful of potential volatility linked to global events.
