$BTC

Bitcoin's current price is $104,813.81, with a 2.09% decrease in the last 24 hours. The market capitalization stands at $2.17 trillion, with an open price of $107,050.00 and a high price of $108,450.16. The low price in the last 24 hours was $102,664.31.

*Recent News and Trends:*

- *Market Volatility*: Bitcoin's slump under $103,000 has crashed altcoins, with FARTCOIN, ENA, and LDO experiencing significant losses.

- *Geopolitical Impact*: Escalating tensions in the Middle East have triggered a sharp decline in risk assets, including cryptocurrencies, wiping $1.15 billion in liquidation.

- *Price Predictions*: Analysts predict Bitcoin could slump to $100,000 amid the Trump-Musk tussle and geopolitical uncertainties.

*Technical Analysis:*

- Bitcoin is trading below $106,500 and the 100 hourly Simple moving average, with a key bearish trend line forming at $106,600.

- Immediate resistance is near the $104,200 level, with the first key resistance at $105,500.