Bitcoin is consolidating above $104K, with strong support at $100K and resistance near $ 112 K.
Institutional inflows through Bitcoin ETFs are boosting long-term confidence.
Geopolitical tensions and Federal Reserve decisions remain key factors influencing price movement.
Bitcoin (BTC), the world’s largest cryptocurrency, is currently trading at around $104,817. In the latest trading session, it moved between $103,795 and $105,283, showing that it is currently in a phase of price consolidation—meaning it’s staying within a certain range without making big jumps or drops.
This analysis covers Bitcoin’s recent price movements, current trends, key support and resistance levels, and what may lie ahead for both short-term traders and long-term investors.
Bitcoin has settled near the $104,500 to $105,000 mark after reaching a local high of about $108,000 earlier. This kind of movement shows a pause in strong trends, as traders and investors wait for clearer signals from the market. A common technical chart pattern called a “symmetrical triangle” is forming, which often appears before a major price move, either up or down.
Bitcoin’s price has been affected by recent global tensions. For example, conflict in the Middle East, especially between Israel and Iran, caused Bitcoin to dip below $103,000. While Bitcoin is often compared to gold and called “digital gold,” recent events show it does not always act as a safe place during global crises. In contrast, gold prices rose during the same time, which means Bitcoin still behaves more like a risk asset rather than a true haven.
Also Read - Bitcoin Price Dips 1.7%, Support at $104K Remains Critical
Bitcoin has strong support around $100,000, which means many buyers are expected to step in if the price falls to that level. If the price drops below $102,500, more selling could happen, possibly pushing Bitcoin further down toward $100,000 or even lower.
On the other hand, the price faces resistance near $110,000 to $112,000. These are levels where many traders may sell to take profits. If Bitcoin breaks through this zone, it could aim for $113,500 or even $120,000 in the short term.
Big companies and investment firms are continuing to show interest in Bitcoin. Recently, Bitcoin spot ETFs (Exchange-Traded Funds that directly invest in Bitcoin) attracted over $1.9 billion in weekly investment. This means large amounts of money are entering the market in a regulated way.
Additionally, many public companies have started holding Bitcoin in their financial reserves. Over 60 non-crypto companies are now using Bitcoin as a store of value, inspired by early adopters like MicroStrategy.
There is also political interest. A recent announcement suggested the U.S. government might consider holding Bitcoin in its financial reserves. Although this plan is not confirmed, it has created buzz and shows changing attitudes toward cryptocurrency at the national level.
In June 2025, Bitcoin’s price dropped around 6%, falling from $111,000 to $104,000. The drop was mainly caused by geopolitical tension and investors taking profits after the price had risen earlier in the year.
Despite this short-term correction, many analysts believe Bitcoin will bounce back in the second half of the year, especially if interest rates are cut or if more money flows into the market through ETFs and treasury strategies.
If Bitcoin stays above $105,000, a rebound toward $110,000–$112,000 is possible. However, if the price falls below $100,000, it may take longer for Bitcoin to recover, especially if bad economic or political news continues.
Short-term (1–4 weeks): Likely to stay between $100,000 and $112,000
Medium-term (1–3 months): Could rise to $120,000 if resistance breaks
Long-term (by end of 2025): If the market continues growing, Bitcoin might reach between $200,000 and $205,000
If the U.S. Federal Reserve lowers interest rates, it would increase the amount of money in the economy. That usually helps Bitcoin and other risky assets, as investors look for higher returns. However, if inflation stays high, the Fed may delay rate cuts, which could slow down Bitcoin’s growth.
Bitcoin’s price remains sensitive to world events. Conflicts like those in the Middle East have already caused some price drops. If similar situations arise, they may trigger quick selling or reduced investor confidence.
The flow of funds into Bitcoin ETFs and corporate treasuries is being watched closely. As more institutions join, it could support Bitcoin’s price and reduce its volatility in the long term.
Rules from governments can heavily affect Bitcoin. Positive steps, like ETF approvals, can attract more investors. But negative moves—such as strict regulations or bans—could hurt price momentum.
Also Read - Bitcoin & Stablecoins: What's The Next Big Milestone to Watch?
Short-term traders should watch technical levels carefully. If Bitcoin breaks below support or above resistance, it could signal the next big price move. Risk management and stop-loss strategies are important in such volatile conditions.
Long-term holders may benefit from Bitcoin’s four-year cycle and increasing adoption. Institutional buying and stronger financial tools (like ETFs) are helping build confidence in Bitcoin’s long-term potential.
| Scenario | Expected Price Direction | Main Causes |
|---|---|---|
| Neutral | Price moves sideways ($100K–$112K) | Mixed news and normal trading volume |
| Bullish | Rise to $120K–$205K | ETF inflows, strong cycle, Fed cuts |
| Bearish | Drop to $90K–$100K | Geopolitical risks, inflation, and regulation tightening |
Bitcoin is currently in a tight trading range. While short-term corrections and world events may cause dips, long-term trends suggest strong upside potential. Institutional investment, historical price cycles, and new financial products are all supporting the idea of higher prices in the future.
However, risk remains high. Price volatility, changing interest rates, and global politics all play major roles in Bitcoin’s path ahead.
For now, Bitcoin is holding steady just above $104,000, and the next few weeks will be critical in deciding whether it will break higher toward new highs or return to test its major support near $100,000.