Analyst sets Bitcoin’s next buying opportunity after BTC ‘started to cascade south’

Analyst sets Bitcoin’s next buying opportunity after BTC ‘started to cascade south’ Analyst sets Bitcoin’s next buying opportunity after BTC ‘started to cascade south’ Paul L. Cryptocurrency Jun 14, 2025

Bitcoin (BTC) has entered a volatile phase, and according to cryptocurrency analyst Michaël van de Poppe, this could soon present a new buying opportunity.

His outlook follows recent losses that dragged the broader market lower, triggered by escalating tensions between Israel and Iran. 

After failing to hold above $106,000, Bitcoin began what Poppe described as a “cascade south,” slicing through liquidity zones and prompting a wave of sell-offs, he noted in a June 14 X post. 

A brief bounce followed, but the recovery was quickly rejected at the same $106,000 level, now acting as firm resistance. The leading digital currency had regained bullish momentum earlier, only to lose it after a liquidity sweep and sharp rejection at a local high.

Now, the $101,500 to $102,500 range could serve as either a launchpad for recovery or a setup for further downside. 

To this end, Poppe noted that a fresh rally could take shape if Bitcoin holds above $102,500 and consolidates. But if selling pressure intensifies, he sees the $98,000 to $99,000 zone as a strong candidate for a high-probability long entry. 

At the same time, Bitcoin’s volume profile supports this view, highlighting heavy selling after the failed breakout. A lower support zone could also be a trap for late short positions, offering an ideal re-entry point for bullish traders.

Key Bitcoin price levels to watch 

In a separate June 14 analysis, RLinda noted that Bitcoin is consolidating within a broad range between $100,600 and $110,400. 

The Middle East geopolitical tension spike briefly disrupted its bullish structure, pushing the price down to $102,500 before a sharp recovery. That rebound reinforced support at $102,500, with $106,200 now a key resistance level.

Despite market uncertainty, Bitcoin continues to hold above critical support. According to the analyst, short-term trading strategies remain viable if the cryptocurrency stays within the $100,600 to $102,500 range. 

Bitcoin price analysis chart. Source: TradingView

Therefore, a breakout above $106,200 could open the door to $108,200 or even $110,400.

Bitcoin price analysis 

By press time, Bitcoin was trading at $104,600, down 0.4% on the day and nearly 4% for the week. 

Bitcoin seven-day price chart. Source: Finbold

Technically, the asset remains above its 50-day and 200-day simple moving averages (SMA), suggesting the broader uptrend is intact. The 14-day relative strength index (RSI) stands at 54.22, indicating neutral momentum with a slight bullish bias.

Featured image via Shutterstock

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Updated: 06/14/2025 — 4:00 PM

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