Bitcoin Rebounds 4% to $102,000 as MetaPlanet Adds 1,111 BTC

Bitcoin (BTC) experienced a notable rebound on Monday, June 23, 2025, trading around $102,000 after a dip to $98,200 the previous day. This recovery was bolstered by institutional investors, particularly MetaPlanet, which added 1,111 BTC to its treasury reserve. However, the market remains cautious due to geopolitical tensions, which triggered over $656 million in liquidations and sparked market-wide risk aversion on Sunday.

The hourly chart of BTC showed a false breakout of the local resistance at $102,090, indicating potential volatility ahead. Despite this, the crypto market capitalization rebounded from $3.03 trillion to $3.12 trillion, suggesting that buyers are interested in purchasing at a discount following the weekend's sell-off. This limited reaction from traditional financial markets further supports the idea that investors are returning to crypto, seeking opportunities in the turbulent broader markets.

Bitcoin's price trajectory remains a topic of intense speculation. According to analysts' forecasts, if the market turns bullish, BTC could reach a high of $175,000. Conversely, if conditions worsen, the price could drop to as low as $70,000. Michael Saylor, chairman of Strategy, predicts that Bitcoin could surge to $180,000 before potentially crashing to $140,000, highlighting the continued volatility in the market.

Looking ahead, Bitcoin is expected to hold within a tight range between $100,000 and $110,000 as traders assess consolidation patterns. The 50-day Exponential Moving Average (EMA) support is being closely watched to see if it can spark a significant price movement. Analysts predict that if bulls reclaim the $104,000–$105,000 zone, the price could increase by 5% and reach $106,500–$108,000 by the end of the week. However, a 5% to 8% pullback is also anticipated, which, while not a major red flag, indicates ongoing market uncertainty.

In summary, while Bitcoin has shown signs of recovery and institutional support, the market remains volatile due to geopolitical risks and ongoing consolidation patterns. Investors should remain cautious and monitor key support levels as the price continues to fluctuate within a tight range.