Bitcoin has to stay over $ 102,000: the risk of a decrease continues, but hopes are not over
Bitcoin is trying to protect $ 102,000– $ 103,000 despite the recent sales pressure. According to analysts, this region is critical in the determination of short -term direction.
If it breaks $ 102k– $ 103k, a hard drop at the door
According to Bitfinex’s market analysis of 18 June, Bitcoin’s current structure is still the potential to change direction after aggressive sales .. However, in order to realize this return, the price must provide more than $ 102,000 permanence.
“If Bitcoin attaches to these levels, a signal is taken in the market, which is absorbed on the market,” the analysts say that there may be deeper corrections in the otherwise scenario.
⚔️ Geopolitical and macro risks are active
Bitcoin fell from $ 106.042 to $ 103.053 with a decrease of 2.8 %in 90 minutes after Israel’s air strikes on Iran last week. This decrease has technically tested the critical support level.
In addition:
The tight stance of the US Federal Bank,
Iran-Israel Tension,
Elements such as global interest uncertainty make investors cautious.
📊 Technical view and price movement
Current Price: $ 104,986
30 -day performance: 0.25 %decrease
ETF Entrances: Net Entrance of 412.2 million dollars for 6 days in a row (Persian data)
Analyst Daan Crypto Trades said that it is very important for Bitcoin to protect the Taurus support band right now:
“This cycle has been going on for a long time. If this band breaks, we can lose my momentum.”
🧠 Bitcoin has not yet reached the ‘euforia’ stage
O Strategist and Crypto Investor Danny Marques argued that Bitcoin has not yet entered the ‘enthusiasm zone’ psychologically, he argued that the upward movement could continue:
“The current movement still has the potential to expand for structural and momentum.”
However, some analysts think differently. Rekt Capital said that after this bull market, a “crypto winter” was very likely.
🔁 If history repeats: 25 %rally potential
According to past market cycles, Bitcoin made a 25 %rise after such harsh corrections. If history repeats, it may be possible for investors to turn their eyes back to over $ 110,000.
📌 Conclusion: Bitcoin may re -attack if critical levels are preserved
Bitcoin’s hold on $ 102,000– $ 103,000 is vital for the bull market to continue. However, deeper corrections may be experienced during the summer months if this support is broken. Eyes are now in ETF entrances, volume movements and global risk perception.
