Bitcoin Surges Past $105,000 Amid Middle East Tensions

NEW YORK, June 15, 2025 — Bitcoin has reached over $105,000, despite rising tensions in the Middle East. Analysts remain optimistic about Bitcoin’s future as its chart shows signs of consolidation. The cryptocurrency has proven resilient amid current geopolitical uncertainties.

According to data from Farside Investors, Bitcoin exchange-traded funds in the U.S. saw $86.3 million in inflows on Thursday and $301.7 million on Friday. This indicates continued interest from investors even as conflict between Israel and Iran escalates.

Bitcoin has found strong support at the 50-day simple moving average of $103,604. However, it faces resistance at the 20-day exponential moving average, currently sitting at $106,028. If Bitcoin can surpass this level, it may push towards $110,530 – $111,980.

Conversely, if it drops below the 50-day SMA, the price could fall to the significant psychological level of $100,000. A break beyond this could see Bitcoin sliding to $93,000. Monitoring the $100,000 level will be key, as buyers are expected to defend it vigorously.

Other altcoins like HYPE, BCH, and AAVE are also drawing attention. HYPE, currently struggling to hold above $42.50, shows potential for a rally if it can break above $44. BCH faces resistance near $462 but has support at $403. Analysis shows that BTC’s movements may also lift these altcoins if it maintains an upward trajectory.

Forthe cryptocurrencies, the upcoming days will be crucial as traders keep a close eye on market patterns. As geopolitical issues continue to unfold in the Middle East, interest in cryptocurrencies remains strong.