Helmi Nofriza
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Geopolitics and Its Impact on Bitcoin Prices
Bitcoin briefly dropped below US $100,000—the lowest since May 8—after the US attack on an Iranian nuclear site m.economictimes.com+10investopedia.com+10fortune.com+10. This index reflects investor concerns and a shift in global capital flows.
Selling pressure led to massive liquidations: around 240,000 traders were liquidated within 24 hours, with a value of over US $1 billion m.economictimes.com.
Technical analysts indicate important support levels at US $100,000 (potential further decline towards US $92,000) and resistance at US $107,000–112,000 #BTCbelow100k $BTC
Bitcoin briefly dropped below US $100,000—the lowest since May 8—after the US attack on an Iranian nuclear site m.economictimes.com+10investopedia.com+10fortune.com+10. This index reflects investor concerns and a shift in global capital flows.
Selling pressure led to massive liquidations: around 240,000 traders were liquidated within 24 hours, with a value of over US $1 billion m.economictimes.com.
Technical analysts indicate important support levels at US $100,000 (potential further decline towards US $92,000) and resistance at US $107,000–112,000 #BTCbelow100k $BTC
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