Bitcoin traders are looking forward to future BTC price gains despite Iran nuclear strikes keeping sellers in control

The following are key points.

• Bitcoin drops below $102,000 in a quick reaction to the news that US direct involvement is being made in Israel-Iran Conflict.

• In the past, traders have noted that headlines based on wars have been a springboard for BTC prices.

• A price analysis shows that order book liquidity may be around $97,000, which coincides with a possible local bottom.

BitcoinBTCAs geopolitical risks soured sentiment towards crypto, the price of bitcoin fell to new monthly lows at the close on Friday 22 June.

Bitcoin can still gain from war headlines — Traders

The Data of Cointelegraph Markets Pro You can also find out more about the following: TradingView BTC/USD fell below $102,000 after US President Donald Trump announced strikes against nuclear sites in Iran.

Trump made a statement about Iran during his speech at the inauguration of the new president. televised address Truth Social allows you to upload photos and videos. “must now make peace” Or face further strikes.

Bitcoin traders have begun to consider possible BTC bottom price levels in anticipation of a Wall Street week that promises to be volatile.

“A dump towards $93K-$94K before bottom formation and reversal,” Cas Abbe is a well-known trader. suggestedAdditionally, the zone below $90,000. “20%-25% chance” Being reached

Abbe, among others, referred to events that occurred in April when BTC/USD fell following the announcement. reciprocal US trade tariffs Then, a steady rise to all-time records began.

Bullish war?

2024:
Iran → Israel on April 13
Israel → Iran on April 19$BTC: –18% (first 2 weeks), +28% (next 1.5 months)

2024 (2):
Iran → Israel on October 1
Israel → Iran on October 26$BTC: –10% (1st week), +62% (next 2 months)

2025:
Israel → Iran… pic.twitter.com/Q6IRDlnZ1h

— Xremlin (@0x_gremlin) June 13, 2025

“In 2022, $BTC pumped +42% in 35 days after the Ukraine war began. That was deep in a bear market,” fellow trader Merlijn continued With another historic geopolitical comparision

“Now it’s 2025. War fears rise again. But Bitcoin’s above $100K. And we’re still in a bull market. What happens if history repeats with more fuel?”

Price Support of $97,000 BTC in Play

BTC prices were still weak with just hours left until the end of the week. This meant that a crucial level was out-of-reach.

Related: $112K BTC was not ‘bull market peak’: 5 things to know in Bitcoin this week

“I remain long over $93,500, but remember i really want to see the $104,500 hold for the bulls to remain in control,” Crypto Tony told X Followers about the topic of the day.

BTC/USD is now on track to close at its lowest level since May’s start.

Previously, Cointelegraph reported Around $97,000 is the potential first support band for exchange order books.

Monitoring resource data CoinGlass This study showed that this area still remained important at the time it was published.

This article contains no investment recommendations or advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.