From Cointelegraph

June 12, 2025 2:19:00 pm:

Bitcoin (BTC) hit a weekly high of $110,653 but dropped 3.5% to $106,600 due to escalating tensions between Iran and Israel. Analysts see the correction as routine, with long positions taking profits at resistance. While a consolidation near $108,000 is expected, fractal analysis suggests a potential deeper drawdown to $100,000.

A fractal pattern from January 2025 shows similarities in BTC price action, indicating a potential bearish scenario. If the pattern holds, Bitcoin could plummet to $100,000, with validation requiring a drop below Monday’s lows. Failure to sustain above $108,000 could signal a multi-week drawdown, posing a bull trap risk for BTC investors.

Read more at Cointelegraph: Bitcoin Fractal And Risk of War Could Trigger Drop to $100K