$BTC 📉 Geopolitical Impact

Bitcoin recently slipped from a high of ~$106K to around $103K–$104K, reacting to heightened tensions in the Middle East—namely Israel's strike on Iran—triggering a global crypto sell-off . While gold rose as a traditional safe-haven, BTC’s resilience during dips has shown signs of investor confidence .

📊 Technical Outlook

BTC is currently consolidating around $104.5K, displaying mixed signals. A close above $106K could spark a brief rally toward $106.5K–$109K, while dropping below $104K–$104.4K may trigger further downside toward $100K support .

🗓️ Short-Term Outlook (Next Few Days):

If geopolitical tensions ease and institutional flows—like ETF inflows (with over $1.3B added in the past five days)—continue, BTC could reclaim strength .

Conversely, any escalation may pressure BTC back toward $100K or even lower.

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Bottom Line:

Bitcoin is near $105K and faces key catalysts—geopolitics and institutional demand. Watch the $106K resistance and $100K support, and be ready to act depending on the direction.

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