Specialists RBC Crypto Analyzed the situation in the market and appreciated the prospects for the movement of the Bitcoin course for the next seven days.
“Money does not like open confrontations”
Gis Mining General Vasily Girya
Bitcoin has not yet been able to return to the drive that pushed him up and was almost a guarantee of updating the maximums. The flagship cryptocurrency ends the third week of June with a decrease. The total capitalization of the cryptorrhny was also reduced and remains below the peak values recorded earlier in June.
Most of all, market enthusiasm suffered from geopolitical risks. Israeli strikes on objects in Iran, including the alleged nuclear objects, provoked sales against the background of the growth of global instability. On the morning of Sunday, the United States dropped six bombs on a nuclear facility in Fordo and attacked the other two. Iran announced every American citizen with his target. The states say that either the world will come (under their conditions), or Iran will be on the threshold of the tragedy. Yemen sided with Iran.
Money does not like open confrontations, especially where the outcome is understandable and frightening. This will force the market to run from risk, including from digital assets.
The US Federal Reserve (FRS) last week left the key rate unchanged, everything turned out to be within the framework of the expectations. Although the “hawk” tone prevailed in the comments, the regulator began to gradually prepare the market for the transition to soft politics. This restrained the dollar and supported neutrality at fiat financial venues.
But the caution is still noticeable on the crypto: the index of fear and greed has gone into the neutral zone. Separately, investors were pleased with Jerome Powell: he still stably opposes the pressure of Trump and leads the policy that is due to logic, not emotions.
Institutional demand was stable. In a week, the flow of money in Bitcoin -etf in the United States amounted to about $ 1.7 billion. This is the eighth in a row of a positive tribute to capital.
There was no homogeneous mood among altcoins. The largest assets turned out to be in the red.
According to GIS Mining, from a technical point of view, in the short term, the BTC will continue to bargain in the range of $ 103,000-110,000. Support costs at $ 100,500, its breakdown can force to test $ 93,000. The resistance is located in $ 107,500. The closing of the week below $ 104,000 retains the risks of pressure, but the market structure remains bull.
This week, market participants will monitor statistics on prices and industry in the United States, as well as comments on representatives of the Fed. On the forefront, there is still a duel of the USA, Iran, Israel and Yemen, and the further this story comes in, the more dangerous it is – including for financial markets.
“Key factor outside of numbers”
Chief Analyst NeoMarkets, author of the Generation Finance telegram channel Oleg Kalmanovich
Bitcoin began a week with growth to $ 110 thousand, but after the US strikes, Iranian objects quickly fell to $ 101 thousand, and then below $ 100 thousand Ethereum (ETH) decreased to $ 2200. This decline again questioned the status of bitcoin as “digital gold” during strong geopolitical perturbations.
It is also worth noting that at a meeting of the Fed, which took place on Wednesday, the rate remained unchanged, but the rate of reduction for 2026 was revised towards slowing down. At the same time, the forecast for 2025 still implies two reduction-this is a restrained, but positive signal for the cryptorrhist.
However, the key factor is now “outside the numbers”. Against the backdrop of geopolitical instability, the demand for “quiet harbor” – a dollar, gold and oil. This limits the potential of cryptocurrency growth in the coming days.
Those who are looking for real “digital gold” should pay attention to Pax Gold (Paxg) – stablecoin, provided with physical gold. It can be found on exchanges by pair Paxg/USD or PAX/USDT. It allows you to hedge from the risks, remaining in the crypto environment. The analogue is Xaut from Tether.
When strengthening the conflict, Bitcoin’s drawdown is likely to $ 97–98 thousand – a zone of interest of customers. According to Ethereum, the support zone runs at $ 1850–1925 marks.
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Source: Cryptocurrency
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