Today, June 17, 2025, Bitcoin is trading near USD 103,600, down 3.8% from the previous close. During the day, it fluctuated between USD 103,600 and USD 108,800, reflecting high volatility.

Geopolitical tensions between Israel and Iran create global uncertainty: while some commodities rise, Bitcoin has fallen 0.7% to USD 106,120. Nevertheless, institutional demand persists, keeping the price at elevated levels.

Technically, a bullish triangular pattern is observed with strong support at USD 105,000–104,000 and resistance at USD 112,000. Analysts recommend "buy the dip" with a target of USD 111,000 and a stop-loss around USD 104,000.

In summary, although geopolitical risks and intraday technical selling persist, the bias remains slightly bullish: it could consolidate at USD 105,000–108,000 before attempting to break.