four-hour timeframe). Against the backdrop of the start of hostilities between Israel and Iran, sales began in the high-risk instrument markets. Although the $106,000 mark initially slowed Bitcoin's decline, selling pressure significantly increased, and the price dipped to $102,665, from which a bounce followed. The RSI indicator also tested the lower Bollinger Bands line, from which it reversed.

As a result, Bitcoin returned to the Ichimoku Cloud, but to develop an upward movement, it needs to overcome its upper boundary around $106,250. It is quite likely that this will not succeed on the first attempt, and we will see a repeat drop to the significant level of $103,600. It is extremely important for buyers to hold this zone because it will maintain the chances of a new upward impulse. A drop with a fixation below this mark will signal a continuation of the correction. The first stop will be the round $100,000.