Due to the renewed tensions in the geopolitical situation in the Middle East, Bitcoin has recently experienced a significant pullback. A new round of conflict between Iran and Israel has led to almost all the previously accumulated gains being pulled back, with the price falling by nearly $10,000. The planned buy signal for yesterday was canceled due to weak market performance, a decision that avoided unnecessary losses.
The current Bitcoin price is gradually falling back to the support range of $100,000 to $102,000. This price level has significant technical meaning and is expected to form strong support. As the price returns to this key area, the market may present new buying opportunities, which investors should closely monitor for further developments.
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Due to the renewed tensions in the geopolitical situation in the Middle East, Bitcoin has recently experienced a significant pullback. A new round of conflict between Iran and Israel has led to almost all the previously accumulated gains being pulled back, with the price falling by nearly $10,000. The planned buy signal for yesterday was canceled due to weak market performance, a decision that avoided unnecessary losses.
The current Bitcoin price is gradually falling back to the support range of $100,000 to $102,000. This price level has significant technical meaning and is expected to form strong support. As the price returns to this key area, the market may present new buying opportunities, which investors should closely monitor for further developments.