Bitcoin Don Bounce Pass $100K As Oil Rally Fizzle Amid Middle East Tension

Bitcoin don bounce back pass di important $100,000 support level after e briefly fall below $98,000 because of U.S. airstrikes for Iranian nuclear sites and fear say oil price go high. Brent and WTI crude oil price climb about 3% but dem settle close to $77 and $76.75 respectively, as analysts and energy experts believe say Iran threat to close di Strait of Hormuz na just talk talk. Di small oil movement help diminish stagflation fear, boost crypto market confidence. Bitcoin dey trade below im 10 and 20-day EMAs with RSI near 39, and Bollinger Bands show support around $98,000. If e fit hold above $100,000 steady, e fit pave way go $110,000 resistance, but if e break below $95,900 area—which dey near di 100 and 200-day moving averages—that fit cause more fall. Rising trade volume, big increase for derivatives activity, ETF money coming in and futures positioning go be key markers for traders wey dey watch di next move.