Bitcoin declined by $ 105,100 on 14 June, which was 0.22% below the last 24 hours, as traders digested geophysical tension. The price action remained relatively tight, growing from $ 104,220 to $ 106,135 within the BTC $ 2,090 range. Asia trading took place overnight, where bitcoin was immersed below $ 104,200 before rebounding at high volume.
Recently most instability has been operated by development in the Middle East. Israel-Iran war, which some analysts fear that may spread to other parts of the Middle East, combined with trade tension between the US and some of its major trading partners, have ignored the risk markets. More than $ 1.1 billion struggles in the liquidity of Crypto were recorded during the initial wave of headlines, although bitcoin has later shown flexibility.
Traders appear to be bending rapidly in the medium period, as the BTC continues to have a pattern of high climb despite the intraday walbals. The benefit of $ 106,000 leads to the opposite speed, but $ 105,000 continues to attract buyers on support dippers. Market participants are closely looking at this limit, especially interconnected in the form of safe-heten demand and risk feeling.
While the instability in short -term headlines continues to move, the broad structure suggests that BTC is integrating rather than reversing. If there is support around $ 104,950 hold, Bitcoin can try another push above $ 106,200.
Technical analysis highlights
- BTC traded in the last 24 hours from $ 104,182 to $ 106,272 in the range of $ 2,090.
- During the recovery, there was a significant bounce in $ 104,182 with 15,342 BTC.
- Resistance was formed near $ 106,200 amidst continuous benefits.
- The increasing trendline of high climb remains intact.
- Psychological support in $ 105,000 is holding it for now.
- Recent price limit: $ 104,875 to $ 105,202 in last hour.
- At 07:19, a sharp dip below $ 105k quickly reversed, with $ 105,200 served as a near-period resistance.
- The final 15 -minute candles showed slight exhaustion, but the volume patterns suggest accumulation on the dips.
Disclaimer: Some parts of this article were generated with assistance from the AI tool and reviewed by our editorial team to ensure accuracy and adherence. Our standard. See for more information Coindesk’s full AI policy.
