Bitcoin Approaches New Highs Amid Tension Near $110,000 – Market Analysis – 2025-06-12

Market Analysis

Certainly! Here is a polished, professional English version of the provided Urdu introduction and analysis for the crypto market:

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**Introduction**

Heightened global political tensions, particularly the looming threat of a conflict between Israel and Iran supported by the United States, have injected considerable uncertainty into the cryptocurrency market. Amid these delicate circumstances, Bitcoin has made a significant technical advance by testing a crucial resistance level, signaling a potentially decisive movement that could shape the market’s trajectory in the coming days.

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**Analysis**

Examining data from the past five days alongside recent developments, Bitcoin has approached the psychologically significant resistance near 110,000 and attempted a notable breakout. On June 7, 2025, the price opened at 104,288 and gradually climbed to 110,263. By June 9, a sudden surge in trading volume was observed, reflecting strong buyer interest. On the same day, the Relative Strength Index (RSI) reached 70.42, nearing the overbought zone but not yet at an extreme level. This suggests robust upward momentum without the market being overheated. The Moving Average Convergence Divergence (MACD) also showed a marked increase on June 9, reinforcing the bullish outlook. However, the Money Flow Index (MFI) hovered near 40, indicating relatively low liquidity and suggesting that the rapid price rise was not fully supported by cash inflows.

On June 11, 2025, Bitcoin closed slightly lower at 108,645 compared to the previous day. Nevertheless, this level remains above both the 7-day and 14-day moving averages, particularly the Hull Moving Average (HMA) near 111,199, indicating a bullish trend in the medium term despite some short-term weakness. Bollinger Bands continue to hold the price close to the upper band, implying potential volatility and the possibility of a minor corrective phase.

Support levels are identified starting at 107,318, extending down to 103,985 and further to 96,945. Should the price fall below 107,000, the next strong support is expected near 103,000, a key psychological threshold. On the resistance front, the 110,000 mark remains a critical barrier, with additional resistance around 110,797 presenting a significant challenge for upward movement.

Investor sentiment, as measured by the Fear and Greed Index, currently stands at 72, indicating heightened greed and suggesting a short-term risk of profit-taking or “whale selling.” Open interest has declined by 2.2%, while the financing rate remains slightly positive, reflecting a cautious market stance. Reports show that escalating geopolitical tensions and fears of U.S. intervention have led investors to adopt a more conservative approach, resulting in increased liquidations. Yet, major institutional buyers continue to accumulate Bitcoin, signaling sustained long-term confidence.

In summary, Bitcoin has tested the critical 110,000 resistance. If it manages to hold above this level at close, further upward momentum is likely, albeit with a possibility of a minor correction. However, failure to break and sustain above this resistance could trigger a neutral to bearish phase in the medium term, potentially pulling prices back toward the 103,000 range. Presently, the market is balanced, with both buyers and sellers exercising caution amid volatile geopolitical and economic conditions. Investors are advised to closely monitor technical indicators alongside evolving geopolitical developments to make informed decisions.

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Data Summary

• 1. Time:
  2025-06-12 – 00:00 UTC
• 2. Prices:
  Open: 110274.39000000
  High: 110392.01000000
  Low: 108064.00000000
  Close: 108645.12000000
• 3. Last 5 days’ closing prices:
  2025-06-07: 105552.15000000
  2025-06-08: 105734.00000000
  2025-06-09: 110263.02000000
  2025-06-10: 110274.39000000
  2025-06-11: 108645.12000000
• 4. Volume:
  BTC: 13115.9164
  USD: $1434884639.7506
• 5. Number of trades:
  2667014
• 6. Indicators:
  RSI: 59.7100
  MFI: 50.6400
  BB Upper: 111827.60000000
  BB Lower: 101881.25000000
  MACD: 1421.80000000
  Signal: 1353.88000000
  Histogram: 67.92000000
• 7. Moving Averages:
  SMA:
  7=106609.40000000
  14=105857.68000000
  21=106854.43000000
  30=106347.69000000
  50=102692.40000000
  100=93460.89000000
  200=95479.21000000

  EMA:

  7=107638.03000000
  14=106780.36000000
  21=106125.94000000
  30=105001.89000000
  50=102270.86000000
  100=97870.04000000
  200=92038.58000000

  HMA:

  7=111199.87000000
  14=108586.27000000
  21=106649.91000000
  30=105599.67000000
  50=107860.24000000
  100=111184.56000000
  200=99678.00000000
• 8. Supports:
  S1: 107318.30000000 – 106600.64000000
  S2: 103985.48000000 – 103105.09000000
  S3: 96945.63000000 – 90056.17000000
  S4: 89856 – 87325.6
• 9. Resistances:
  R1: 109434.79000000 – 110797.38000000
• 10. Psychological Support:
  100000.00000000
• 11. Psychological Resistance:
  110000.00000000
• 12. Funding Rate:
  0.005%
• 13. Open Interest:
  84493.3760
• 14. Fear & Greed Index:
  72 (Greed)

Disclaimer: This market analysis is generated by AI based on historical BTC data and sentiment indicators. Use it as a reference, not financial advice.