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Bitcoin Battles Key Support: Daily EMA-100 Must Hold to Prevent Deep Correction

2025-06-23 19:41:47

Bitcoin Battles Key Support: Daily EMA-100 Must Hold to Prevent Deep Correction

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Bitcoin briefly fell below the critical $100,000 level over the weekend, reaching a low of approximately $98,200 and triggering a wave of panic selling across crypto markets. The sharp drop came after news broke of US military strikes on Iranian nuclear facilities, a move that significantly escalated the already volatile conflict between Israel and Iran. The geopolitical shock sent global markets into risk-off mode, with Bitcoin reacting quickly to the growing uncertainty. Related Reading: Solan...

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