The post Bitcoin Must Hold Above $102K To Stem Downside Risks appeared on BitcoinEthereumNews.com.

Bitcoin is still at risk of falling further, and it must hold above $102,000 to stay on track for a potential rebound, crypto analysts say. Bitfinex analysts said in a markets report on Tuesday that if Bitcoin (BTC) “can hold above the $102,000 – $103,000 region for a sustained period, it would suggest that the market is absorbing the selling pressure effectively.”  Bitcoin a potential bold play with big payoff The analysts said that “some downside risk still lingers” for Bitcoin amid macroeconomic volatility and military escalations between Israel and Iran, but it presents a high-stakes yet potentially rewarding opportunity for investors. “This environment now reflects a high-risk, high-reward opportunity for upside continuation if buyer confidence returns,” the analysts said. Meanwhile, crypto trader Matthew Hyland said on X that “choppy price action but still in an uptrend for BTC.” There was strong optimism that Bitcoin would retest its all-time high of $111,940 last week, which was dashed after Israel carried out dozens of airstrikes on Iran on Thursday night. In the following 90 minutes after news of Israel’s bombardment, Bitcoin slipped 2.8% from $106,042 to $103,053 before retracing to $104,790 at the time of publication, according to CoinMarketCap. Bitcoin is down 0.25% over the past 30 days. Source: CoinMarketCap Despite the macro uncertainty, spot Bitcoin exchange-traded funds kept seeing strong inflows throughout the week, reaching six consecutive trading days in a row on June 16 with $412.2 million coming in, according to Farside data. Bitcoin won’t fall as fast as last year Bitfinex analysts said that even if Bitcoin trends lower, the drop won’t be as steep as in past years. In August, Bitcoin dropped roughly 20% to $53,991 within just 10 days. July 1 marks the beginning of the third quarter, which has historically been the weakest period for…

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Filed under: News - @ June 18, 2025 10:27 am