#IsraelIranConflict The tension causes a decrease in the price of Bitcoin

From a broader technical perspective, the daily chart reveals that Bitcoin is experiencing a clear bearish divergence after recording a local high at $112,000 and then dropping to $100,426. The price now appears to be making lower highs and lower lows, which is a classic sign of a downtrend forming. The bearish trading volume increased during the recent decline, indicating strong selling pressure. Short selling opportunities may arise if the price retests the area.