Bitcoin Price Prediction As Trump Ceasefire Announcement Sparks Bullish Momentum: Is $120K Next?

Bitcoin Cryptocurrency

Ad Disclosure

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

Crypto Writer

Arslan Butt

Crypto Writer

Arslan Butt

About Author

Arslan Butt is an experienced webinar speaker, market analyst, and content writer specializing in crypto, forex, and commodities. He provides expert insights, trading strategies, and in-depth analysis...

Author Profile

Share

Copied

Ad Disclosure

Ad Disclosure

We believe in full transparency with our readers. Some of our content includes affiliate links, and we may earn a commission through these partnerships. However, this potential compensation never influences our analysis, opinions, or reviews. Our editorial content is created independently of our marketing partnerships, and our ratings are based solely on our established evaluation criteria. Read More

Last updated: 

June 24, 2025

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Bitcoin staged a sharp recovery on Tuesday, gaining 3.86% to reclaim the $105,000 level after falling to a six-week low of $98,000 over the weekend. The rebound was triggered by former U.S. President Donald Trump’s announcement of a ceasefire agreement between Israel and Iran, ending what he called “The 12 Day War.”

According to Trump, Iran initiated a 12-hour ceasefire, followed by Israel’s compliance, signaling a coordinated effort to avoid further escalation.

Investors responded swiftly, reversing the selloff sparked by U.S. airstrikes on Iranian nuclear sites. With no reported casualties, thanks to Iran allegedly alerting the U.S. ahead of time, the market perceived this as a sign of de-escalation.

Risk appetite returned, with Bitcoin leading a broad crypto recovery alongside Ethereum and XRP. Overall market sentiment improved significantly, helping BTC reclaim key technical support.

Bitcoin Technical Structure Points Toward $120K

On the 4-hour chart, Bitcoin price prediction seems bullish as BTC has cleared both the 50-period EMA ($103,954) and horizontal resistance at $104,723. Price action is now approaching a descending trendline near $106,500, a level that has consistently rejected bulls since early June.

If BTC manages a clean breakout above this zone, analysts are setting their sights on $109,041 and even $110,522 in the short term.

• Current BTC Price: $105,209
• Market Cap: $2.09 trillion
• 24-Hour Volume: $67.5 billion
• Key Support: $98,253
• Resistance Ahead: $106,539, $109,041, $110,522

Momentum indicators support this outlook. The MACD has printed a bullish crossover, and histogram bars are strengthening.

Additionally, BTC has formed a higher low, and no bearish candlestick formations are present near the current resistance level. If $106.5K breaks, the path toward $120,000 becomes technically viable especially if volume continues to increase.

Fed Policy, Geopolitics Boost BTC’s Case

Beyond the charts, macro and geopolitical events are also helping the bull case. The US Federal Reserve’s dovish comments and rising rate cut expectations have weakened the dollar, making Bitcoin a more attractive inflation hedge. CME FedWatch shows an 80% chance of a rate cut in September, up from 70% last week.

And investors are treating Bitcoin as a geopolitical hedge. The Middle East ceasefire is holding for now, and US macro policy is getting softer, so Bitcoin should see capital flowing into non-correlated assets.

Conclusion

Bitcoin’s quick bounce after the Trump ceasefire deal and dovish Fed expectations has brought back the bulls. A breakout above $106,500 could take us to $120,000 in the next few weeks. Watch volume and price action at this level, if we get confirmation here the next leg of the macro rally should unlock.

Bitcoin Hyper Presale Surges Past $1.5M—Layer 2 Just Got a Meme-Sized Boost

Bitcoin Hyper ($HYPER) has smashed through the $1.5 million milestone in its public presale, raising $1,566,427 out of a $1,763,403 target. With just hours left before the next price tier, buyers can still secure HYPER at $0.012 per token.

As the first Bitcoin-native Layer 2 powered by the Solana Virtual Machine (SVM), Bitcoin Hyper delivers fast, low-cost smart contracts to the BTC network. It combines Bitcoin’s security with SVM’s scalability, enabling high-speed dApps, meme coins, and payments—all with ultra-low gas fees and seamless BTC bridging.

Audited by Consult, Bitcoin Hyper is built for trust, scale, and performance. Over 91 million $HYPER are already staked, with projected post-launch staking rewards of up to 577% APY. The token fuels gas fees, dApp access, and decentralized governance.

The presale accepts both crypto and cards, and through Web3Payments, no wallet is required. Meme culture meets utility, Bitcoin Hyper is quickly emerging as Layer 2’s potential breakout star of 2025.