Bitcoin hovered around $ 105,100 on June 14, dropped 0.22% over the last 24 hours when dealers digested geopolitical excitement. Price action remained relatively tight, with BTC moving within a $ 2,090 range from $ 104,220 to $ 106,135. The biggest features occurred overnight in Asia trade, where Bitcoin card dipped below $ 104,200 before rebuilding at high volume.
Much of the recent volatility has been driven by the development of the Middle East. The Israeli-Iran War, which some analysts fear could spread to other parts of the Middle East, combined with merchant stresses between the United States and some of its most important trading partners, have troubled risk markets. More than $ 1.1 billion in crypto -liquidations was recorded under the initial wave of conflict headlines, although Bitcoin has shown resilience in the wake of.
Dealers seem to lean bullish in the medium term as BTC continues to keep a pattern of higher low down despite intraday swings. Profit near $ 106,000 closed upward momentum, but support near $ 105,000 continues to draw buyers on dips. Market participants look closely at this range, especially when the demand for the safe port and risk entity remains intertwined.
While short -term headlines continue to operate volatility, the wider structure suggests that BTC is consolidated rather than turning. If support around $ 104,950 possesses, Bitcoin may try another push over $ 106,200.
Technical analysis highlights
- BTC traded in a range of $ 2,090 from $ 104,182 to $ 106,272 over the last 24 hours.
- An important rejection occurred at $ 104,182 with 15,342 BTC traded during the recovery.
- Resistance formed nearly $ 106,200 in the middle of consistent profits.
- A rising trend line with higher low lower remains intact.
- Psychological support for $ 105,000 holds for now.
- Latest price range: $ 104,875 to $ 105.202 in the last hour.
- A sharp dip under $ 105k at. 07:19 quickly turned, with $ 105,200, which acts as a short -term resistance.
- The last 15-minute candles showed less exhaustion, but volume patterns suggest accumulation on dips.
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