#Bitcoin Price Action Amid #IsraelIranConflict

💰 $BTC currently trading around $102,430, ranging between $101,183–$103,983 today.

📉 Dropped ~1%, reflecting a risk-off move—mirroring #GlobalEquities & #Oil, not traditional safe havens like #Gold or #USD.

🌍 What’s Driving the Move?

1️⃣ #ConflictEscalation: U.S. airstrikes on #Iranian nuclear sites (#Fordow) increased market tension. BTC fell ~0.8% as #OilPrices spiked.

2️⃣ #RiskAssetBehavior: $BTC still behaving like a risk asset—not a safe haven. Underperforming #Gold during crises.

3️⃣ #Volatility: Last week, BTC dipped 5% after Israeli strikes, but rebounded on strong #ETF inflows.

4️⃣ #InstitutionalSupport: #MicroStrategy buying and ~$300M/week #BitcoinETF inflows are helping BTC hover around $104K–$105K.

🔮 Outlook (1–3 Days)

⚠️ More volatility likely.

➡️ BTC may retest $100K if geopolitical tensions rise.

✅ Could bounce toward $105K–$107K if things cool down.

👀 Watch closely: #Oil, #Gold, #Equities, and #USIran developments.

📌 Key Takeaway

$BTC dipped ~1% on #GeopoliticalJitters. Still trading like a risk asset, but institutional inflows are keeping it surprisingly resilient.

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