Bitcoin is reacting to geopolitics again — price around $105,900

Bitcoin is trading at approximately $105,900, after falling to $103,081 against the backdrop of the Israel-Iran conflict escalation. This means that in one trading session, BTC dropped nearly 1.6%.

Situation:

• Shelling in the region has intensified panic sentiments in the markets — cryptocurrency reacted alongside risky assets.

• At the same time, gold strengthened by about 1.1%, fulfilling its role as a safe asset.

📊 My comment:

• Key levels: support at $103K, resistance at $108–110K. Today, it's important to watch whether BTC holds above $105K.

• If prices break above $108K–$110K — there is a chance for a retest of recent highs around $111K–$112K.

❓ What do you think, is this temporary panic or a signal for further strengthening? Share your opinion!

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