Bitcoin Holds $100K Support Amid Volatility as Traders Await Fed Decision and Eye Key Levels

Bitcoin price stabilized above $105,000 after recent heightened volatility triggered by geopolitical tensions in the Middle East and anticipation of the US Federal Reserve’s interest rate decision. The cryptocurrency experienced sharp moves, dropping from $108,400 to below $103,000 after Israel’s attack on Iran, briefly rebounding to $109,000, then consolidating. The $100,000 support level remains crucial, acting as the main barrier to further declines and a key focal point for traders. Immediate resistance is observed between $109,000 and $110,000, with technical analysis suggesting a bull flag pattern that could lead to a breakout and a possible run toward $180,000–$200,000 if higher lows develop. On the downside, important support levels are set at $93,000 and $92,000 (Fibonacci retracement), along with stronger floors at $85,000 and $77,000 – breaking these could trigger increased bearish sentiment, especially if major negative catalysts occur. Macro pressures are also in play, with a potential 5–10% drop in US equities possibly impacting crypto markets. Broadly, traders are cautious, minimizing new altcoin exposure until Bitcoin’s trend clarifies. Most altcoins, including ETH, XRP, SOL, ADA, LINK, UNI, PEPE, and SUI, saw declines; only a few, such as KAIA, SEI, and NEXO, posted gains. The overall crypto market cap decreased by $60 billion to $3.38 trillion. Traders are watching the $100,000 level as a key inflection point: maintaining it supports a bullish outlook, while a breakdown could accelerate broader declines. Historical patterns indicate that such consolidation often precedes major trends, making current price action significant for both short- and long-term traders.