Analysis: Bitcoin remains strong amid escalating conflicts in the Middle East and trade war fears, maintaining a pattern of moving its lows upward

2025-06-14 10:14:43

According to Jinse Finance, Bitcoin briefly fell below $104,200 overnight as traders weighed geopolitical impacts and tariff uncertainties, but then rebounded on high trading volume and quickly stabilized, currently hovering around $105,100, down 0.22% in the past 24 hours, as traders have largely digested the geopolitical tensions. Traders seem to lean towards a medium-term bullish outlook, as despite the intraday fluctuations in Bitcoin, it maintains a pattern of higher lows; profit taking around $106,000 has limited the upward momentum, but the support level near $105,000 continues to attract Buy the Dips. Market participants are closely watching this range, especially amidst the intertwining of risk-off demand and risk sentiment.

BTC0.01%

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