Bitcoin (BTC) experienced volatility as it briefly dropped below $101,000 before rebounding to over $102,800 in a session characterized by high trading volume. Hedge fund manager James Lavish criticized those selling Bitcoin due to war fears, stating that such actions demonstrate a lack of understanding about the asset's true value. The cryptocurrency initially fell 2.9% to $100,962 but then quickly recovered, driven by intensified buying pressure; trading volume peaked at 17,906 BTC during this midnight recovery. Key on-chain metrics indicated a balanced market with a lack of excessive profit-taking or aggressive accumulation, while derivatives data suggested cautious sentiment concerning downside protection. Technical analysis highlighted a strong recovery, with consolidation around the $102,680 to $102,720 range preceding the breakout. This event highlights Bitcoin's resilience amid geopolitical uncertainties and signals ongoing interest among market participants.

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