Analyst: Bitcoin Could Fall to the $93,000 to $94,000 Range, Probability of Dropping Below $90,000 Only 20% to 25%

BlockBeats News, June 22nd, according to Cointelegraph, data shows that as Trump confirmed a strike on Iran's nuclear facilities, Bitcoin briefly dropped below $102,000. Trump stated that Iran "must now seek peace," or else face further strikes. Ahead of this week's Wall Street trading day opening, the market was expected to experience intense volatility, with traders beginning to look for a potential BTC bottom range.

Renowned trader Cas Abbe stated: "Bitcoin may see a downward wave, targeting the $93,000 to $94,000 range, followed by a bottom formation and rebound." He added that the probability of Bitcoin falling to the low $90,000 range is only "20%-25%."

CoinGlass data shows that the area near $97,000 remains crucial, potentially providing the first major support level.