#BTC

Bitcoin fell to $102.5K at the start of the day in Asia, repeating its touch of the 50-day moving average, as it did a week earlier.

Market capitalisation fell to $3.22 trillion on Friday morning from a peak of $3.47 trillion at the end of Wednesday amid a flight from risk assets due to the conflict between Israel and Iran. In recent hours, the market has rebounded from the support line that has been in place since May, reaching $3.28 trillion. Technical levels are working in the short term, but they may prove powerless in the event of a broader liquidation of bulls with a breakout of support in the $3.20–3.25 trillion range. In this case, the market could easily drop to $3 trillion or even target cyclical support in the $2.50 trillion area.

Although the reaction of the first cryptocurrency was sharp, the recovery to $105.0 at the time of writing indicates strong interest in buying on dips. At the same time, i do not support the idea that military conflicts are favourable for cryptocurrencies.

think before any investment this is not fanical advice. PLS COMMENT ABOUT WHAT U THINK BELOW 👇 👇