On June 14, 2025, Bitcoin (BTC) price hovered near $105,100, showing resilience amid escalating geopolitical tensions involving the Israel-Iran conflict and renewed trade war fears. Despite a minor 0.22% decline over the past 24 hours, Bitcoin traded within a relatively narrow $2,090 range between $104,220 and $106,135, with the most notable volatility occurring in Asian market hours.
The ongoing Middle East conflict, initiated by Israel's Operation Rising Lion—targeting numerous strategic sites in Iran—and Iran's retaliatory missile strikes, has unsettled global risk markets. This unrest triggered over $1.1 billion in crypto liquidations but Bitcoin managed to consolidate rather than sharply reverse its trend. Technical analysis highlights a pattern of higher lows, support near $105,000, and profit-taking resistance around $106,200.
Despite this short-term stability, some analysts warn of potential downside risks. In earlier trading sessions, Bitcoin briefly plunged below $103,000 in reaction to conflict news but has since partially recovered. Concerns stem from large Bitcoin holders (whales) beginning to reduce their positions, increasing selling pressure and potentially leading to further price declines.
Analyst Ali Martinez cautions that if Bitcoin fails to maintain above the psychologically critical $100,000 level, it could drop below $80,000. The market is closely watching this threshold, as falling below it may intensify a downward trend, possibly mirroring past episodes during prior geopolitical or trade-related crises.
Overall, while Bitcoin shows short-term toughness amid uncertainty, the situation remains dynamic, with the potential for significant price swings depending on developments in geopolitical and macroeconomic arenas.