$BTC

FXStreet

Log in

Bitcoin Price Forecast: BTC recovers above $107,000, yet Israel-Iran conflict clouds bullish outlook

06/16/2025 10:00:00 GMT|ByManish Chhetri

Bitcoin increases to around $107,000 on Monday after a slight decline in the previous week.

Investors remain on edge as the Israel-Iran conflict enters its fourth day after fresh strikes over the weekend.

Metaplanet added 1,112 BTC on Monday, while spot Bitcoin ETFs recorded a $1.37 billion inflow over the past week.

Bitcoin (BTC) is showing signs of recovery during the European trading session on Monday, climbing above $107,000 after a slight correction last week. Despite the signs of mild recovery in price action, the market sentiment remains cautious as the Israel-Iran conflict enters its fourth day after fresh strikes over the weekend. Despite the geopolitical headwinds, institutional interest in Bitcoin remains robust, as Metaplanet added 1,100 BTC to its holdings while spot Bitcoin Exchange Traded Funds (ETFs) recorded a total inflow of $1.37 billion last week.