Bitcoin price forecast: BTC rebounds toward $105,000 as traders watch Middle East headlines and tariff signals

Bitcoin price forecast: BTC rebounds toward $105,000 as traders watch Middle East headlines and tariff signals
Bitcoin rebounds near $105,000 as easing tariff tone offsets Middle East tensions.

​Bitcoin is trading around $104,712, up 0.55% in the past 24 hours, with a market capitalization of $2.06 trillion and 24-hour trading volume near $64.33 billion. The price has fluctuated between $104,150 and $104,878, staging a modest rebound after recent declines as markets monitor geopolitical developments across the Middle East, Eastern Europe, and Asia.

Highlights

- Rising ceasefire violations in Gaza and fragile Lebanon border dynamics weigh on investor confidence.

- Partial tariff relief from China offers mild support, though trade frictions persist.

- Overall tone remains neutral to modestly bearish as geopolitical volatility limits upside momentum.

Bitcoin trades cautiously as geopolitical tensions flare again

Bitcoin continues to struggle for direction as geopolitical uncertainty resurfaces across multiple fronts. Reports of increasing Gaza truce breaches and renewed debate over a potential partition outcome have reignited concerns over regional stability. Any deepening of this conflict could lift energy risk premia and send capital flowing into safer assets. That pattern typically softens Bitcoin’s intraday tone unless offset by broader market optimism.

The Israel–Hezbollah ceasefire near Lebanon also remains delicate, with sporadic cross-border tensions adding to the unease. Traders are monitoring headlines closely, as even minor escalations can trigger swift risk-off responses in crypto markets. Meanwhile, in Asia, Beijing’s suspension of certain U.S. tariffs took effect this week, trimming global risk aversion slightly. However, Washington’s continued scrutiny of Chinese tech exports suggests the improvement may be tactical rather than structural.

Experts assess Bitcoin’s geopolitical posture

Anton Kharitonov, senior analyst at Traders Union, says that “Bitcoin is reacting less violently to geopolitical stress than it did a year ago, but the direction still depends on risk appetite. The market is fatigued with recurring conflict headlines, which keeps momentum capped.”

Viktoras Karapetyants, head of research, explains that “traders are largely sidelined ahead of more concrete geopolitical resolutions. ETF inflows remain steady, but short-term traders are hesitant to chase rallies until tensions in Gaza and Ukraine show real improvement.”

Parshwa Turakhiya, strategist at Traders Union, adds that “macro participants are treating Bitcoin as a liquidity proxy again. When energy or defense risk premiums rise, capital rotates out of high-beta assets. A clear truce or easing in U.S.–China tensions would be the spark needed to lift Bitcoin from its current stagnation.”

Technical outlook shows short-term weakness

Bitcoin has traded between $104,150 and $104,878 in the last 24 hours, recovering modestly after recent weakness. The 20-day EMA stands at $103,697, the 50-day EMA at $104,087, the 100-day EMA at $104,046, and the 200-day EMA at $104,504, all converging near the current price range. The RSI is at 60.80, showing recovering momentum from oversold territory. A sustained move above $104,900 could open the way to $105,600, while support levels remain near $103,600 and $103,000. Consolidation between $104,000 and $105,000 remains the most probable path in the short term.

Background and previous coverage

Earlier this week, Bitcoin’s price resilience was tested as geopolitical and macro factors converged to drive cautious risk-taking. Read our previous analysis on Bitcoin’s geopolitical reaction pattern to see how conflict and diplomacy continue to shape crypto flows.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.
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