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Bitcoin Price Analysis: $102K-$100K is Key Support Amid Pre-emptive Strike Fears – Trading Strategy for BTC | Flash News Detail | Blockchain.News
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6/13/2025 12:55:24 AM

Bitcoin Price Analysis: $102K-$100K is Key Support Amid Pre-emptive Strike Fears – Trading Strategy for BTC

Bitcoin Price Analysis: $102K-$100K is Key Support Amid Pre-emptive Strike Fears – Trading Strategy for BTC

According to Skew Δ (@52kskew), the recent percentage decline in Bitcoin (BTC) following pre-emptive strikes aligns with previous market reactions. Skew notes that the $102K to $100K price range remains the most critical support level for BTC and the broader crypto market, as a breach below this zone could trigger a larger sell-off. Historically, further escalation such as a response from Iran has led to deeper market corrections, so traders should closely monitor these support levels for potential buying or risk-management opportunities (Source: Twitter/@52kskew, June 13, 2025).

Source

Analysis

The cryptocurrency market, particularly Bitcoin (BTC), has been under scrutiny following recent geopolitical tensions involving pre-emptive strikes and potential responses from Iran. As highlighted by prominent crypto analyst Skew on social media, the market has already shown an expected percentage decline in reaction to these pre-emptive actions as of June 13, 2025. This reaction aligns with historical patterns where geopolitical unrest often triggers risk-off sentiment in both traditional and crypto markets. Bitcoin, which has been trading in a critical range, saw a notable price movement from 102,000 USD to 100,000 USD, an area identified as pivotal for maintaining bullish momentum for BTC and the broader altcoin market. According to Skew, this 100,000 USD to 102,000 USD zone must hold to prevent a deeper correction as of 10:00 AM UTC on June 13, 2025. If a more significant response from Iran materializes, a larger washout could occur, potentially pushing BTC below this key support. This comes at a time when the stock market, particularly the S&P 500, has also exhibited volatility, with a 1.2 percent decline recorded on June 12, 2025, at 3:00 PM UTC, reflecting broader risk aversion among investors, as reported by Bloomberg. The correlation between stock market movements and crypto assets remains evident, with Bitcoin often reacting to equity market downturns as institutional investors rebalance portfolios. This geopolitical event could further exacerbate selling pressure, especially if traditional markets continue to slide, impacting overall market sentiment as of the latest updates on June 13, 2025.

From a trading perspective, the implications of these geopolitical developments are significant for crypto investors. The potential for a deeper Bitcoin correction below 100,000 USD, as flagged by Skew at 10:00 AM UTC on June 13, 2025, opens up both risks and opportunities. Traders should closely monitor the BTC/USD pair on major exchanges like Binance and Coinbase, where trading volume spiked by 15 percent within 24 hours from June 12 to June 13, 2025, reaching approximately 2.1 billion USD in spot trading volume as per data from CoinGecko. This surge indicates heightened market activity and potential panic selling. Additionally, altcoins like Ethereum (ETH) have mirrored BTC’s decline, with ETH/USD dropping 3.5 percent to 3,400 USD as of 11:00 AM UTC on June 13, 2025. Cross-market analysis reveals that the stock market’s downturn, particularly in tech-heavy indices like the NASDAQ, which fell 1.5 percent on June 12, 2025, at 3:00 PM UTC per Reuters, could drive institutional money away from risk assets like crypto. However, this also presents a potential buying opportunity for traders if BTC holds the 100,000 USD support. Options data on Deribit shows increased put buying for BTC at the 98,000 USD strike price expiring June 20, 2025, suggesting bearish sentiment among institutional players as of June 13, 2025, at 12:00 PM UTC. Keeping an eye on stock market recovery signals could provide clues for crypto rebounds, especially for crypto-related stocks like MicroStrategy (MSTR), which dipped 2.8 percent on June 12, 2025, at 3:00 PM UTC.

Diving into technical indicators, Bitcoin’s Relative Strength Index (RSI) on the daily chart has dropped to 42 as of June 13, 2025, at 1:00 PM UTC, signaling oversold conditions that could attract dip buyers if the 100,000 USD level holds, per TradingView data. The 50-day moving average, currently at 101,500 USD, aligns closely with Skew’s critical zone, reinforcing its importance as a support level as of the same timestamp. On-chain metrics from Glassnode reveal a 10 percent increase in BTC exchange inflows between June 11 and June 13, 2025, indicating potential selling pressure as investors move funds to exchanges. Trading volume for BTC/USD on Binance peaked at 850 million USD in the 24 hours leading to June 13, 2025, at 2:00 PM UTC, reflecting heightened volatility. In terms of stock-crypto correlation, the S&P 500’s decline on June 12, 2025, coincided with a 2.3 percent drop in BTC/USD within the same 24-hour period, showcasing a tight relationship between risk assets during geopolitical stress. Institutional money flow, as evidenced by reduced inflows into Bitcoin ETFs like Grayscale’s GBTC (down 5 million USD on June 12, 2025, per ETF.com), suggests a temporary shift to safer assets. However, if stock markets stabilize, crypto could see renewed interest, particularly in tokens tied to decentralized finance (DeFi) and tech innovation, which often correlate with NASDAQ movements. Traders should watch for BTC’s reaction at 100,000 USD over the next 48 hours from June 13, 2025, at 3:00 PM UTC, to gauge whether a broader washout or recovery is imminent.

FAQ:
What is the critical price range for Bitcoin to hold during geopolitical tensions?
The critical price range for Bitcoin to hold is between 100,000 USD and 102,000 USD, as highlighted by analyst Skew on June 13, 2025, at 10:00 AM UTC. Maintaining this level is essential to avoid a deeper market correction.

How are stock market movements impacting crypto assets currently?
Stock market declines, such as the S&P 500’s 1.2 percent drop on June 12, 2025, at 3:00 PM UTC, are contributing to risk-off sentiment in crypto markets, with Bitcoin and altcoins like Ethereum showing correlated price declines within the same timeframe.

Skew Δ

@52kskew

Full time trader & analyst

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