$BTC #ScalpingStrategy Stock market information for Bitcoin (BTC)
- Bitcoin is a cryptocurrency in the CRYPTO market.
- The price is 102363.0 USD currently with a change of -1388.00 USD (-0.01%) from the previous close.
- The intraday high is 103983.0 USD and the intraday low is 101183.0 USD.
Here is a comprehensive analysis of Bitcoin's performance following the American strike on Iran and the impact of geopolitical tensions:
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📊 How was Bitcoin affected?
1. *Immediate drop following the strike*
- The price fell below *103,000 USD* after the military escalation between Israel and Iran in mid-June 2025, as the market experienced a "risk-off" state[1] [2] [3] .
- On the previous day, Bitcoin dropped by *1.7% to around 107,600 USD* after tensions with Iran as well[4] [5] .
2. *Gradual recovery*
- The price began to stabilize and rise to *106,818 USD* (+1.3%) as fears subsided and the general markets rebounded[6] .
3. *Failure as a safe haven*
- Despite being labeled as "digital gold," Bitcoin showed weak performance during the recent confrontation compared to gold and the dollar. A report from WSJ and Barron’s noted that BTC did not act as a true safe haven during geopolitical crises[7] [2] [3] .
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🧭 Upcoming forecasts:
- *Support at moving averages*:
The price of ~106.3 thousand USD (20-day EMA) represents the first support level, followed by a strong additional support level at ~102 thousand USD[4] [5] .
- *Repetition of financial market messages*:
