Bitcoin is dropping again mainly because of global tension and market fear. The recent conflict between Israel and Iran made many investors panic and move their money out of risky assets like crypto. Also, since Bitcoin recently touched a high near $112K, many people started taking profits, which caused a small dip.
On top of that, Bitcoin couldn’t break the strong resistance around $110K, and when it failed, traders with high leverage got liquidated, which pushed the price down further. The strong U.S. dollar and rising interest rates also made it harder for Bitcoin to keep rising. Trade tensions between big countries like the U.S. and China added more pressure.
Right now, Bitcoin is holding near $105K, but if it goes below that, we might see it dip closer to $100K. However, if the market stays calm and support holds, we could see a bounce back toward $108K–$110K.
🔹 Main Points:
Global conflicts (like Israel-Iran) create fear in the market
Investors taking profit after Bitcoin hit recent highs
Strong resistance at $110K caused a technical pullback
High-leverage trading led to liquidations
U.S. dollar strength and rising interest rates added pressure
Trade tensions (especially U.S.–China) hurt market confidence
Key support zone: $105K; next move depends on market reaction