$BTC Navigating Geopolitical Turbulence 🌍

Bitcoin recently slipped amid Israel‑Iran tensions, dipping below $103K–$104K, triggering over $1B in liquidations and a spike in put options, as traders hunted for downside protection . However, it's holding at a key technical level—the 50‑day moving average near $103K—a line bulls are keen to defend . Meanwhile, spot BTC ETFs have soared to $130 billion, reflecting strong institutional demand . As volatility remains elevated, expect sharp moves on both sides. Traders should monitor geopolitical headlines and seasonality in oil markets closely.