#BTCbelow100k Today, June 23, 2025, the price of Bitcoin has been hovering around $100,000, and has even experienced drops below this level in the last few hours due to the intensification of the conflict in the Middle East. This has raised some concerns among investors.
Expert Analysis:
* Key support at $100K: Several analysts highlight that $100,000 is a crucial psychological and technical support level for Bitcoin. A sustained close below this level could trigger deeper corrections, with some experts pointing to targets of $98K or even lower.
* Volatility due to geopolitics: The global geopolitical situation, particularly the conflict in the Middle East and the potential involvement of the United States, is directly influencing the sentiment of the crypto market. Bitcoin, as a risk asset, tends to react to these events with greater volatility.
* Possible rebounds: Despite short-term concerns, some technical analyses indicate that Bitcoin has been consolidating within a range, and has bounced back from local lows at $103K. A return to aggressive demand from buyers could spur a new attempt to overcome resistances.
* Long-term outlook: Although the short term is uncertain, most experts maintain bullish projections for Bitcoin in 2025. Institutional adoption, ETFs, and the effects of halving are expected to drive the price towards $120K, $150K, or even $200K before the end of the year. However, they acknowledge that the path will not be linear and there will be fluctuations.
Recommendations:
* Constant monitoring: It is crucial to closely follow geopolitical developments and market data to understand the direction of Bitcoin.
* Caution in entries: If considering a new investment, a staggered buying strategy could be prudent, taking advantage of potential dips.
* Risk management: Given the volatility, it is essential not to invest more than what one can afford to lose.