$BTC reacts to fresh escalation in #IsraelIranConflict

Markets tumbled today after Israel launched strikes on key Iranian military and nuclear sites. Global investors rushed to safety — gold rose, oil surged 10%, and the U.S. dollar gained sharply. Meanwhile, $BTC dropped nearly 3%, hitting a low near $103,000 before stabilizing around $104,500. Over $1.2B in crypto liquidations were recorded in 24 hours, reflecting high panic. While some view Bitcoin as a hedge, today's selloff shows it's still seen as a risk asset during early crisis hours. Traders should monitor key support at $103K and resistance at $107K. Volatility likely to continue.