{"id":3683,"date":"2025-06-23T04:10:03","date_gmt":"2025-06-23T04:10:03","guid":{"rendered":"https:\/\/bitunikey.com\/news\/bitcoin-rebounds-above-100k-as-market-absorbs-middle-east-conflict-escalation-fears\/"},"modified":"2025-06-23T04:10:12","modified_gmt":"2025-06-23T04:10:12","slug":"bitcoin-rebounds-above-100k-as-market-absorbs-middle-east-conflict-escalation-fears","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/bitcoin-rebounds-above-100k-as-market-absorbs-middle-east-conflict-escalation-fears\/","title":{"rendered":"Bitcoin rebounds above 100K as market absorbs Middle East conflict escalation fears"},"content":{"rendered":"
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Bitcoin has clawed its way back above the $100,000 after briefly dipping below the key psychological level for the first time in months driven by Middle East geopolitical tensions.<\/p>\n

The rebound follows a steep sell-off brought on by rising Middle East tensions after U.S. airstrikes on Iranian nuclear facilities at Fordow, Natanz, and Isfahan. A wave of liquidations followed, pushing Bitcoin down almost 4% to a multi-week low of $98,615 on June 22. Meanwhile, Ethereum (ETH) and Solana (SOL) saw losses of up to 10% and 5%, respectively.<\/p>\n

The airstrikes, confirmed by President Donald Trump, marked a major escalation in the Israel-Iran conflict. Iran\u2019s planned closure of the Strait of Hormuz, a vital route for 20% of global oil shipments, raised fears that oil prices could spike to $120\u2013$130 per barrel and push U.S. inflation back up toward 5%.\u00a0<\/p>\n

The immediate result was a flight to safe-haven assets like gold and the U.S. dollar, a $40 billion wipeout of the cryptocurrency market, and almost $1 billion in long-position liquidations. However, signs of stabilization emerged quickly.<\/p>\n

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Bitcoin recovered above $100,000 thanks to a 75.8% increase in daily trading volume to more than $48.4 billion. Despite a slight decline in open interest, Coinglass data<\/a> shows that derivatives activity also surged, with volume rising 67% to $136 billion. This indicates that some market participants reduced their exposure in the face of uncertainty but may be returning.<\/p>\n

From a technical perspective, the general trend is still bearish for the near future. Bitcoin is trading below its downward-sloping 10-day and 20-day exponential moving averages. Weak upward momentum and a tilt toward the lower band near $98,000, a crucial support zone, are indicated by the Bitcoin\u2019s price hovering below the Bollinger Bands\u2019 midline.<\/p>\n

<\/source><\/p>\n<\/picture>
Bitcoin price analysis. Credit: crypto.news<\/figcaption><\/figure>\n

Momentum indicators show mixed signals. With a relative strength index of 39, the market is weak but not yet oversold. The stochastic RSI and stochastic oscillators are in buy territory, suggesting a potential short-term recovery. The 10-day momentum and moving average convergence divergence, however, are still firmly bearish.<\/p>\n

Bitcoin may retest resistance in the $105,000\u2013$106,000 range if geopolitical tensions subside. On the flip side, many analysts on X warn of further declines towards $92,000 or lower if the conflict intensifies, especially given Iran\u2019s threats of retaliation.<\/p>\n

The speed of diplomatic resolution and whether exchange-traded fund inflows can continue to withstand sell-side pressure will likely determine how Bitcoin responds, as has been the case in previous crises.<\/p>\n

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Bitcoin has clawed its way back above the $100,000 after briefly dipping below the key psychological level for the first time in months driven by Middle East geopolitical tensions. The…<\/p>\n","protected":false},"author":1,"featured_media":345,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3683","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3683","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=3683"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3683\/revisions"}],"predecessor-version":[{"id":3684,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/3683\/revisions\/3684"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/345"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=3683"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=3683"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=3683"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}