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2025-06-12
06:46
Bitcoin Price Analysis: BTC Faces Resistance at $110,000 as Gold Rallies Amid Geopolitical Tensions

According to Michaël van de Poppe (@CryptoMichNL), Bitcoin (BTC) failed to break through the key resistance level at $110,000 and is now expected to see a corrective move. Ongoing geopolitical tensions between the US and Iran are fueling a rally in Gold, which could influence risk sentiment across crypto markets. However, as long as Bitcoin remains above the support level at $106,000, there is no immediate technical threat to the bullish structure. Traders should monitor these levels closely for short-term trading opportunities and be mindful of potential volatility linked to global events. (Source: Twitter/@CryptoMichNL, June 12, 2025)

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