$BTC 📊 Price Snapshot

Current Price: $105,305 (approx.)

Intraday High / Low: $108,376 / $103,081

24‑Hour Change: –2.54%

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🧭 Market Drivers & Reaction

Geopolitical Impact: BTC slid sharply amid Israel–Iran tensions. It hit a low near $103,000 before recovering—reflecting increased risk aversion .

Broader Crypto Trends: 98 of the top 100 cryptos dropped today. BTC broke below the $105,000 level, signaling a potential short-term consolidation phase .

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🔍 Technical & Sentiment Overview

Correction Ongoing: Drops of around 6% from its all-time high (~$111,970 on May 22) suggest a short-term pullback .

Key Levels: Support range near $102,500–$103,000 is under test; a break below could trigger deeper sell-offs. Resistance now stands around $106,200–$108,000 .

Sentiment Medium-Tight: With the RSI dipping and MACD turning negative, traders are cautious—waiting for clarity on global events before taking new positions .

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📝 Outlook & Strategy

Short Term: Expect consolidation unless BTC decisively breaks above $108,000 (bullish) or below $103,000 (bearish).

Near-Term Targets: Reclaiming $106K–$108K could set the stage for a move back to $110K; losing $103K risks pullback toward $100K.

Watch For: Geopolitical developments and macro risk sentiment, which may influence whether BTC acts as “digital gold” or remains risk-linked