The tense situation in the Middle East has caused BTC to fall below $102,000 in the short-term. Analysts say it may drop to $94,000.

HashBandit · 2025-06-22T10:40:24+00:00

Recently, after the U.S. intervened in the Israel-Iran conflict, the price of Bitcoin quickly fell to $102,000. Analysts predict it may retreat to $93,000-$94,000, but the probability of falling to $90,000 is only 20%-25%. Historical data shows that in similar situations, Bitcoin has the potential to rebound quickly.

HashBandit

2025-06-22 10:40:24

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[Chain News] On June 22, after news of the U.S. directly intervening in the Israel-Iran conflict emerged, Bitcoin quickly reacted, falling below $102,000. Analyst Cas Abbe stated: “Before hitting the bottom and reversing, the price of Bitcoin could potentially drop to the $93,000-$94,000 range, but there is only a 20%-25% chance of reaching the low area of $90,000. It is worth noting that after the outbreak of the Russia-Ukraine conflict, Bitcoin’s price skyrocketed by 42% within 35 days. Now, the price of Bitcoin has surpassed $100,000. Moreover, it is still in a bull run. If history repeats itself and fuel prices rise, what will happen?”

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