Reported 2 days ago
Bitcoin has bounced back to approximately $106,000 following initial drops linked to escalating tensions between Iran and Israel. Although it briefly fell to around $102,600, the cryptocurrency still remains close to its all-time high. However, analysts caution of a potential deeper pullback, suggesting that traders should monitor key support levels and wait for favorable market conditions before making purchases. Some predict that Bitcoin could drop to the $88,000-$93,000 range before seeing a resurgence.
Source: YAHOO