🚨🔥🔥🔥Bitcoin Stalls Amid Global Tensions — Short-Term Outlook🔸
✅Bitcoin climbed to 💲108,898 before pulling back, as rising global conflict fears—especially involving Israel and Iran—weigh on market sentiment. After bouncing from 💲104,500, $BTC briefly held above 💲107,000 and the 100-hour SMA, but failed to maintain momentum🔸.
✅A breakdown below the 💲107,800 trendline suggests weakening bullish strength. Immediate resistance lies at 💲107,600 and 💲108,000. A strong move above 💲108,800 could push BTC toward 💲110,000 or even 💲112,000🔸.
✅On the downside, key support is at 💲106,700 and 💲105,500. A break below could trigger further losses toward 💲103,500 or even 💲102,000. Hourly MACD shows growing bearish pressure, while RSI hovers near 50—indicating indecision🔸
✅Short-term bias: cautious bullish if 💲105,500 holds; bearish if it breaks.
