Bitcoin plunged below $102,000 after the US confirmed strikes on Iranian nuclear facilities, testing key support levels as traders debate whether geopolitical chaos could ultimately benefit BTC.
Markets React to Escalating Conflict
BTC/USD dropped following Trump’s announcement of Iran strikes
Weekly close risks being lowest since early May
Traders watching $97,000 support zone (CoinGlass data)
Analysts are divided on potential floors: ✅ $93K-$94K: Possible bottom zone (20-25% chance) ✅ $97K: Major order book liquidity support ✅ $104.5K: Level bulls need to reclaim control
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