Bitcoin Defies War Shock—$98.2K Breakout Could Unleash Next Bull Run

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CoindeskEN

Release Time:

2025-06-23 09:53:01

Bitcoin Bounces After War-Driven Dip, $98.2K Emerges as Key Level to Maintain Bullish Momentum

Bitcoin shrugs off geopolitical tremors as bulls eye a decisive $98.2K surge. Here’s why this level matters.

The Rebound Playbook

After a knee-jerk dip from war headlines, BTC’s resilience proves institutional hands are stacking—not panicking. The $98.2K threshold now acts as the litmus test for sustained upward momentum.

Traders vs. Algorithms

Market makers feast on retail fear, but on-chain data shows whales accumulating at every dip. Meanwhile, Wall Street’s ‘risk managers’ still pretend they understand Bitcoin’s volatility (spoiler: they don’t).

The Cynic’s Corner

If BTC nails this breakout, expect your bank to suddenly ‘innovate’ with a 2% APY crypto savings account—five years late and with five times the fees.

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