Bitcoin Price Could Fall Below $96,000 Amid U.S.-Iran Tensions and Market Pressure

Bitcoin (BTC) is facing significant downward pressure, with analysts warning of a potential drop below the $96,000 support level. The escalating geopolitical rhetoric between the U.S. and Iran is creating a risk-off environment, negatively impacting risk assets like cryptocurrencies. This market sentiment has triggered increased volatility, leading to cautious trading. Experts suggest that if the geopolitical situation intensifies, Bitcoin could test lower price thresholds. Investors are advised to monitor key support levels and global news closely for market direction cues. The current climate underscores the sensitivity of digital assets to traditional macroeconomic and geopolitical factors.