{"id":31839,"date":"2025-06-14T07:31:41","date_gmt":"2025-06-14T07:31:41","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=31839"},"modified":"2025-06-14T07:31:41","modified_gmt":"2025-06-14T07:31:41","slug":"bitcoins-price-could-plunge-below-80k-amid-rising-tension-and-large-holder-sell-offs-analyst-warns","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=31839","title":{"rendered":"Bitcoin\u2019s Price Could Plunge Below $80K Amid Rising Tension and Large Holder Sell-Offs: Analyst Warns"},"content":{"rendered":"
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It has been over two months since BTC\u2019s price struggles that pushed it south hard, and the asset plummeted to under $75,000. This enhanced selling pressure transpired during the darkest hours of the global trade war started by US President Donald Trump.<\/p>\n

Although that political tension has improved a lot since then, with the US striking deals with many countries, including its main rival, China<\/a>, there\u2019s more uncertainty that has blown off in the past few days. This time, it\u2019s a lot more harmful and has already taken many lives.<\/p>\n

Operation Rising Lion, launched by Israel on June 13, targeted<\/a> more than 100 strategic military and nuclear sites in Iran, including facilities in Natanz and Fordow. The most recent reports suggest that the number of killed is nearing 100, which includes senior commanders and scientists, while the injured list is well above 300.<\/p>\n

Iran responded with Operation Vow of Truth 3, firing countless waves of missiles last night at central Israel, Tel Aviv, Jerusalem, and some targets north. The reported casualties are at least three, while dozens have been injured.<\/p>\n

While Israel and US President Trump<\/a> categorized the initial strike as \u201cpreemptive<\/a>,\u201d aiming to disrupt Iran\u2019s nuclear progress as the country refuses to sign such a deal, Tehran described its retaliation as defending its sovereignty against direct aggression.<\/p>\n

Impact on Bitcoin<\/h2>\n

As it happened during the trade war, BTC\u2019s price reacted immediately yesterday to Israel\u2019s attack. In a matter of hours, it plunged<\/a> from a daily peak of $108,500 to under $103,000. It has recovered some ground and now trades around $105,000, and it hasn\u2019t been significantly influenced by Iran\u2019s response. However, uncertainty persists, and the situation could escalate, potentially leading to further trouble.<\/p>\n

As such, popular crypto analyst Ali Martinez warned that bitcoin needs to stay within a six-digit price territory; otherwise, it risks plummeting back to under $80,000.<\/p>\n

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#Bitcoin<\/a> $BTC<\/a> needs to hold above $100,000 to stay on track for a breakout from this channel. Losing $100,000 increases the odds of a downswing to the channel\u2019s lower boundary at $78,500. pic.twitter.com\/cDjURKGlHP<\/a><\/p>\n

\u2014 Ali (@ali_charts) June 13, 2025<\/a><\/p>\n<\/blockquote>\n