Jun 18, 2025
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Bitcoin Maintains Key Support Amid Israel-Iran Tensions and Resistance Weakening
Bitcoin is currently navigating volatility due to escalating geopolitical tensions between Israel and Iran, affecting global markets. Despite this, BTC has maintained support above critical levels, indicating resilience.
Key points include:
- Bitcoin trades just below its all-time high, entering a consolidation phase.
- Analyst Rekt Capital suggests weakening resistance might lead to a significant price breakout.
- Investor sentiment is mixed amid concerns over rising US Treasury yields and energy disruptions.
- Optimists foresee a potential diplomatic resolution that could stabilize the market.
- Cautious investors fear prolonged conflict may increase volatility in the energy sector and inflation.
Current trading details show BTC holding above $103,600 support while facing resistance at $109,300. Buyer interest remains evident, but sustained volume is needed for bulls to regain control. A failure to break through resistance could lead to another retest of lower support levels.
