- Bitcoin value has recovered from its sell-off to commerce above $107,000.
- The Bitcoin value was up practically 2% in 24 hours on June 16, 2025, regardless of Center East tensions.
- Analysts say BTC has proven resilience because it touched lows of $102,800 on June 11.
Bitcoin (BTC) confirmed notable power as the value recovered to commerce above $107,000 within the early buying and selling session on Monday, June 16, 2025, regardless of persevering with considerations over a possible warfare breaking out within the Center East.
The worth of BTC touched lows of $102,800 final week amid adverse headlines fueled by Israel and Iran’s aggression towards one another.
Nonetheless, with markets possible buoyed by a possible peace deal, the benchmark cryptocurrency is again close to $107k.
A slight restoration throughout the market has additionally seen Ethereum rebound above $2,600, XRP above $2.20, and Solana above $1.56.
High gainers up to now 24 hours embody Hyperliquid (HYPE), which shot to a brand new all-time excessive above $44.7 as its complete worth surpassed $2 billion.
QCP analysts on BTC, market bounce
Whereas geopolitical headwinds prevail, led by the Iran-Israel state of affairs, analysts are pointing to Bitcoin’s resilience amid institutional curiosity.
The market has witnessed notable traction for spot Bitcoin exchange-traded funds (ETFs) as one other issue to contemplate.
Spot Bitcoin ETF inflows reached $1.3 billion up to now week.
Based on analysts at Singapore-based QCP Capital, the value of Bitcoin is exhibiting spectacular power regardless of the Center East tensions.
Restoration for BTC mirrors positive factors within the US futures market on Monday.
In reference to the value drop seen final week and over the weekend, QCP wrote.
“The reaction was relatively muted. Friday’s pullback was just 3%—mild compared to April 2024, when similar headlines triggered an 8% drawdown. The market seems more composed this time around.”
Nonetheless, the analysts say draw back dangers persist, notably if Iran blocks the Strait of Hormuz or the US navy will get instantly concerned within the battle.
However what may this imply for Bthe TC value long run?
“Ironically, such risks may support $BTC over the longer term. With the asset less than 6% off all-time highs, its performance continues to reinforce a narrative of $BTC as a hedge against macro instability and rising debt burdens,” QCP added. “Recent price action suggests $BTC is no longer just a speculative trade. Structural adoption is being driven by conviction flows, even as the broader macro picture remains unsettled.”
Bitcoin value prediction
Bitcoin reached its all-time excessive above $111,970 on March 22, 2025. The present costs, regardless of the sharp decline seen final week, solely put BTC over 4% off the ATH.
Bitcoin Concern and Greed Index is 61 ~ Greed
Present value: $107,002 pic.twitter.com/FigBMp6gUQ— Bitcoin Concern and Greed Index (@BitcoinFear) June 16, 2025
With Bitcoin concern & greed index suggesting the market stays in greed territory, it’s attainable bulls may quickly retest the psychological $110k degree.
Nonetheless, patrons face a provide wall across the $108k space. On the flipside, key help ranges lie round $103k.