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

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. $BTC has a very similar picture. We couldn’t hold above $106K and then we started to cascade south taking all the liquidity. Bounce upwards, instant rejection at that crucial level. Two options; – Sub $100K buy opportunity if this continues to fall. – Price holds around… pic.twitter.com/dOCjnBBtOP — Michaël van de Poppe (@CryptoMichNL) June 14, 2025 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 The post Analyst sets Bitcoin’s next buying opportunity after BTC ‘started to cascade south’ appeared first on Finbold .

Source: Finbold