According to Francisco Rodrigues, Bitcoin (BTC) is trading near $106,000, buoyed by President Trump's comments delaying U.S. involvement in the Israel-Iran conflict, which reduced immediate geopolitical risks as Polymarket odds for intervention fell from 70% to 40%. However, CryptoQuant analysts warn BTC could drop to $92,000 if demand fails to rebound, citing a 60% decline in ETF flows since April and a halving of whale buying activity. AJ Bell investment analyst Dan Coatsworth noted the two-week hiatus keeps the issue live for markets.

According to Francisco Rodrigues, Bitcoin (BTC) rose to around $106,000 as President Trump delayed U.S. military action in the Israel-Iran conflict, reducing immediate geopolitical uncertainty based on Polymarket data showing intervention odds dropping to 40% from 70%. AJ Bell analyst Dan Coatsworth, via Yahoo Finance, highlighted that the two-week hiatus maintains market sensitivity, while Glassnode noted subdued on-chain activity reflecting institutional dominance, and CryptoQuant's report warned BTC could fall to $92,000 if demand doesn't rebound, citing a 60% decline in ETF flows since April and slowed whale buying.