Bitcoin Price Depends on Peace in Iran For June Breakout: Trend, Key Levels and More Post-FOMC

Bitcoin price has been ranging near its highs, consolidating before continuing higher. That is the belief many traders including veteran trader Kaleo, who’s tweet is cited below. Between 9-18 of June the total inflow in BTC ETFs is $2.408 billion. Eight consecutive days of positive inflows during which price has dropped from $110,000 down to $104,000. That’s called dissonance! Or someone has sold more during that period?

#Bitcoin / $BTC

It’s easy to forget that last bull market, Bitcoin’s parabolic ascent didn’t begin until AFTER equities fully recovered from the Covid Crash and made new all time highs.

The S&P500 is once again on the verge of breaking out to new all time highs – this time… pic.twitter.com/ngJ4qhtrXZ

— K A L E O (@CryptoKaleo) June 19, 2025

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Kaleo raises a good point in his analysis. Will BTC move closely to the SPX this time as well? We are to find out soon. In the meantime, let’s do our own analysis.

Crypto Survived The FOMC FUD Cycle: Bitcoin Price Analysis For June 2025

(BTCUSD)

We need to keep it simple and take a look from afar with this 1W timeframe chart. I’ve kept the levels on the chart from the previous article and added a few more. We can clearly see that so far, BTC has been rejected from its 2024 high. We are still above all Moving Averages and have a weekly Fair Value Gap. The RSI level here is also lower than back in 2024.

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(BTCUSD)

On the 1D chart, we will start with Moving Averages. MA50 is still holding, though it looks like it might not be for long. MA100 is about to cross above MA200, which would be a sign of strength. The yellow line is previous resistance, which was broken above in May and is still to be tested as support.

The red line at $92k was support for three months—between Nov 2024 and Feb 2025—so it is another important level to watch.

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(BTCUSD)

Today, we will stay on high timeframes and take a look at some price action info on the 1D timeframe. We have a low at $100,000 that was tested once. That low and 4 wicks fill the FVG 2 zone. Bitcoin’s price could test this zone again and bounce. Or there is the FVG 1 zone, which still has not been tested. Many people might freak out if the price goes that low. We watch and keep a level head!

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