Bitcoin Rides On Unresolved Middle East Tensions

White House "Trump Decides Military Attack On Iran In Two Weeks"
BTC, $104,000 Horizontal...Altcoins Go Sideways During Intra Day
Santiment "Negative Retail Investor Sentiment Heralds Market Rebound"

After Iran-Israel Clash, Geopolitical Tensions in Middle East Still Unresolved, Altcoins, including Bitcoin(BTC), Rided On Jun. 20.

News has been reported that U.S. President Trump has approved plans to attack Iran and has not made a final decision. The White House said in an official statement on Jun. 19(local time) that it will decide within two weeks whether President Trump will launch a military attack on Iran.

Bitcoin crossed the $104,000 level due to tensions in the Middle East, with selling and low-priced buying mixed. Bitcoin's altcoins continued to move sideways, the same as the previous day.

◇Bitcoin = Bitcoin price is $105,218 at 4:30 p.m. on Jun. 20, 2025. The Bitcoin share(dominance) was 64.90%.

The long(up) and short(down) betting ratios in the Bitcoin futures market stood at 49.91% and 50.09%, according to the on-chain analytics platform Sigbtc.

Based on a report published on the 20th by Santiment, an on-chain analysis platform, it predicted Bitcoin's strength.

"There are currently an average of 1.03 negative comments on positive postings surrounding Bitcoin," Santiment said. "This is clearly a positive upward sign as individual investors always show sentiment that goes against the market."

◇Upward Coin = The cryptocurrency that recorded the largest increase from the previous trading day at 4:30 p.m. on Jun. 20 was Threshold(T), up about 5% on the day alone.

The threshold network was built to simultaneously implement data encryption, which is the advantage of Nusiper to users, and data storage, which is the advantage of Keep, on the Nusiper token (NU) and Keep token (KEEP) blockchain.

Threadhold operates as a system that can build its own privacy layer to protect user data and personal information. Individual blockchains can use the network to separate and manage public and private data, and at the same time, connect each other as a bridge concept using Threadhold.

◇Fear Greed Index = The digital asset fear-greed index provided by Alternative has entered the 'neutral' stage with 54 points. The neutral stage is a section in which the psychological resistance and support of market participants appear, and important decision-making actions appear in future price movements.

The cryptocurrency relative strength index(RSI) provided by Sigbtc was 46.5, which was in a 'neutral' state. RSI sets the relative strength between the upward and downward pressure of a particular asset price and is an indicator of a measure of over-purchasing and over-selling of a particular asset.

권승원 기자 ksw@blockstreet.co.kr