The price of Bitcoin dropped to $102,760 on June 22 after U.S. airstrikes on Iranian nuclear facilities escalated tensions in the Middle East. The price of Bitcoin briefly reached $98,200 in the early hours of June 23 before recovering to $101,200 later that morning (Investopedia, June 23, 2025).
Technical data shows that Bitcoin is currently stabilizing in a descending channel that formed since June 14, with resistance at the $107-112 thousand level and critical support near $100 thousand. Any breakout of the channel may open the door for the price to reach $92 thousand, while breaking above $112 thousand may reignite bullish momentum
