$BTC Current Market Situation (as of today):

Bitcoin has dropped around 2–3% today.

The price touched a low near $103,000, but has since slightly recovered and is now trading around $105,000.

The decline is mainly due to global geopolitical tensions (like in the Middle East) and increased selling pressure.

Key Price Levels to Watch:

Support (Downside risk zones):

$103,000 – If this level breaks, BTC could drop further towards $100,000.

Resistance (Upside barriers):

$105,000 – $106,000 – If BTC breaks above this, a short-term bullish bounce is possible.

$112,000 – A major resistance. If broken, it could signal a strong bullish trend.

How Much Dump Is Possible Today?

If BTC breaks below $103K, it could fall another 3% to 5%, possibly testing $100K or lower.

If it holds $103K and breaks above $105K–106K, it may recover toward $110K+ levels.

So far, the trend is bearish in the short term.

Recommendations:

Short-term traders: You can consider accumulating around the $103K–$100K zone, but always use stop-loss to manage risk.

Swing traders / holders: Stay cautious until BTC shows a confirmed breakout above $106K or $112K.

Don’t take large positions right now unless the trend shifts clearly.