From Cointelegraph

June 13, 2025 1:39:00 pm:

Bitcoin corrected below $103,000 due to Israel’s airstrikes on Iran, but lower levels saw buying, pushing the price near $106,000. Analysts suggest Bitcoin’s bottom won’t drop out, but sustainable upside may wait until the next Fed meeting. Historical data shows Bitcoin often recovers after geopolitical events within 50 days.

Ether turned down from $2,879 and fell below the 20-day EMA ($2,580), indicating a rejection of the breakout above $2,738. Buyers need to defend the $2,323 level to prevent further downside. A break above $2,879 could lead to a move towards $3,153.

XRP broke above moving averages but turned down from highs, hovering near solid support at $2. A break below $2 could signal a new downtrend, potentially dropping to $1.28. Conversely, a sharp move above moving averages could continue range-bound action.

BNB consolidates between $693 and $634, with levels signaling a balance between buyers and sellers. A break below $634 could intensify selling, pulling the pair to $600. A rise above the 20-day EMA could prolong range-bound action.

Solana rose above moving averages but fell from $168, reaching $140 support. Bulls need to defend $140 to push the price above moving averages. A break below $140 could sink the pair to $123 and eventually to $110.

Dogecoin turned down from $0.21, staying within the $0.26 to $0.14 range. Support at $0.16 may break, leading to a drop to $0.14. A bounce off $0.14 could extend range-bound action, while a breakout above $0.26 could drive the pair to $0.38.

Cardano turned down from the 50-day SMA ($0.72), with levels indicating bearish sentiment. A break below $0.60 could drop the pair to $0.50, while a move above the 50-day SMA may signal a potential trend change.

Hyperliquid broke above $42.25 but fell back to the breakout level. A move above $44 could resume the uptrend towards $50. A break below the 20-day EMA could pull the pair to $30.50.

Sui turned down from the 50-day SMA ($3.55) and reached solid support at $2.86. Sellers aim to break below $2.86 to drop the pair to $2.50. Buyers need to defend $2.86 to push the pair above moving averages towards $4.25.

Chainlink re-entered a descending channel pattern, with sellers active at higher levels. A break below $12.64 could lead to a fall to $10, extending the pair’s stay inside the channel. Buyers need to push above $16 to prevent downside move, potentially rising to $20.

Read more at Cointelegraph: Bitcoin And Altcoin Traders Are Buying The Dip