2025-06-20 11:48:45

BTC/USDT – 1D Log Chart Outlook & Strategic Trade Ideas

In our June 6th update, we flagged a notable support area between $100,000 and $102,000, as outlined in the accompanying 1-day log scale BTC chart. Bitcoin rebounded from this zone as expected, with the rising trendline (blue) anticipated to act as overhead resistance within the $108,000–$110,000 price band. True to projection, BTC faced strong sell-side activity near the $110,000 mark on June 11.

On June 12 (Thursday), a sudden escalation in Middle East tensions — triggered by an Israeli-led airstrike — catalyzed a sharp drop in BTC, pulling prices back toward the $102,000 support line. This geopolitical flare-up also led to surges in gold and oil markets. Interestingly, Bitcoin showed more resilience than it did during the Iran-Israel conflict back in October 2024.

Currently, BTC appears trapped in a narrow range between $104,000 and $106,000, even as ETF inflows continue pouring in over the last eight trading sessions. This disconnect between rising capital inflows and sideways price action is causing
#Over 100 Companies Hold Over 830,000 BTC

SOL-1.68%

ETH-0.56%

BTC-0.2%

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