Bitcoin’s June Surge Hinges on Iran Tensions: Post-FOMC Trends & Key Levels to Watch
Bitcoin's fate dangles on geopolitical strings—again. As Iran tensions simmer, traders eye a June breakout that could either rocket BTC past resistance or leave it gasping at key support levels.
Post-FOMC volatility? Check. Institutional hedging? Obviously. The real question: Will peace break out in the Middle East before Wall Street's algos finish front-running the news?
Key levels to watch: $70K becomes the new psychological battleground. Break above—and we're flirting with ATHs. Fail—and brace for the 'macro uncertainty' excuse from every crypto fund manager who overleveraged.
Remember: In crypto, 'risk-on' just means 'greater fool theory' with better marketing.
Crypto Survived The FOMC FUD Cycle: Bitcoin Price Analysis For June 2025
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We need to keep it simple and take a look from afar with this 1W timeframe chart. I’ve kept the levels on the chart from the previous article and added a few more. We can clearly see that so far, BTC has been rejected from its 2024 high. We are still above all Moving Averages and have a weekly Fair Value Gap. The RSI level here is also lower than back in 2024.
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On the 1D chart, we will start with Moving Averages. MA50 is still holding, though it looks like it might not be for long. MA100 is about to cross above MA200, which WOULD be a sign of strength. The yellow line is previous resistance, which was broken above in May and is still to be tested as support.
The red line at $92k was support for three months—between Nov 2024 and Feb 2025—so it is another important level to watch.
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Today, we will stay on high timeframes and take a look at some price action info on the 1D timeframe. We have a low at $100,000 that was tested once. That low and 4 wicks fill the FVG 2 zone. Bitcoin’s price could test this zone again and bounce. Or there is the FVG 1 zone, which still has not been tested. Many people might freak out if the price goes that low. We watch and keep a level head!
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Bitcoin Price Analysis For June 2025: Trend, Key Levels and More
- Key zones to watch are FVG 1 and FVG 2
- Weekly FVG aligns with FVG 1
- Price grew 40% in a month – normal to see a retrace