📊 Technical and Fundamental Analysis: BTC at $106K with geopolitical support and interest rate cuts on the radar!
🟢 What is happening with Bitcoin?
BTC has broken through $106,000 again after a brief correction down to $98,500 — driven by macroeconomic and geopolitical factors.
📌 Reasons for the rise:
📉 Decrease in tensions between Israel and Iran, with announcement of a total ceasefire
💰 Bets on interest rate cuts in the US increase (chance of a cut to 3.75% rose to 53%)
🏦 Strong institutional presence, even with global uncertainties
⚠️ Warning Signs:
🔻 BTC's hashrate fell 8% in recent days, raising concerns about:
Shutdown of machines due to extreme weather in the US (Texas/Oklahoma)
Unauthorized mining in Iran, possibly consuming up to 2GW of power ⚡
Risk of instability in power supply in conflict zones
🔍 Technical Data:
✅ Support zone: $100,000–$102,000
📈 Resistance: $110,000 (short-term speculative target)
📉 Future leveraged volume: $68 billion (stable)
💥 Recent liquidations: $193 million (longs)
🧠 Interpretation:
Despite the volatility, BTC continues to show institutional strength. The quick reaction to $106K, even in a globally tense scenario, demonstrates the asset's resilience as a store of value.
But be careful: this rally may still be fragile if peace does not hold or if the FED changes its tone.
🗣️ Conclusion:
"Bitcoin rises amid chaos, but the market remains tense. Use the data, not the hype."
🔸 Keep an eye on interest rate movements and geopolitics.
🔸 Risk management is everything at this moment!
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