#IsraelIranConflict **Market Update 💬**
Last night, Israel attacked Iran, causing Bitcoin to sharply correct by 3%, dropping the price to **$103,000**!
We were expecting a liquidation of long positions, but it happened much faster and on a larger scale than anticipated, as the event triggered a massive market sell-off.
As a result of this news, **long positions were liquidated for a total of $1.1 billion!**
Right now, it’s important to wait for the price to stabilize and see if selling pressure eases. However, as long as we’re trading above **$102K**, the priority remains further upside from the current trading channel. If support is lost, we could see a deeper drop below **$100K**.
#Tradersleague #IsraelIranConflict #StrategyBTCPurchase #Bitcoin❗ $BTC