🗞️ BTC Above $100K Despite Geopolitical Tensions | June 16, 2025
Bitcoin is holding firm above $100K for 30 consecutive days, marking the longest-ever streak at this level. This comes despite rising geopolitical tension between Iran and Israel, suggesting strong market resilience and institutional conviction.
🔹 BTC May High: ~$112K
🔹 30-Day Streak Above $100K (started May 8)
🔹 Crypto Market in May: +10.3% (Binance Research)
🔹 Support Zone: $100K–$103K
🔹 Next Bull Targets: $120K, then $130K
🧠 What’s driving strength?
• Continued ETF inflows (spot & futures)
• Growing corporate treasury adoption
• Global investors hedging macro risk
• US Dollar weakening slightly → more BTC demand
💥 Despite war news, volatility stayed low and volume held steady, which is rare during political shocks. Analysts say this could mark a structural floor for BTC, not just a short-term bounce.
📊 Market Sentiment: Bullish
• Funding rates positive, but not overheated
• RSI cooling off = room to run
• Altcoins lagging slightly = BTC dominance rising