Geo‑Tension Sends BTC Dip, Eyes $100K Test

[umair]

Bitcoin recently slid from $104,310 to $103,553 after former President Trump issued a geopolitical warning concerning Iran’s supreme leader, stoking market jitters and prompting a Fear & Greed Index dip to a neutral 52—its lowest in 11 days.

The sharp drop underscores how responsive crypto remains to geopolitical narratives. As Trump stated, “We know exactly where the so‑called ‘Supreme Leader’ is hiding,” before emphasizing restraint—but the market reacted swiftly. Bitcoin later rebounded to around $105,450 as the immediate panic subsided.

Despite the dip, opinions diverge on BTC’s next move. Some analysts warn a deeper drop toward $93K–$100K is possible if tensions continue. Others highlight strong underlying support, calling the dip a "well-structured consolidation" and stating that staying above $102K–$103K is key for renewed upside.

Adding complexity is the upcoming Fed rate decision, with markets de-risking ahead of potential guidance. In futures and options, sentiment remains cautious, with a slight bias toward short positions—traders are clearly hedging surrounding macro and geopolitical volatility.

Discussion Questions:

Do you think this BTC dip is a temporary reaction to geopolitical fears or the start of a deeper correction toward $100K?

How much influence do U.S. foreign policy statements still wield over crypto markets?