blockchain.com scamp|In This ArticleA Ceasefire In The Middle East Could Lead To New All-Time Highs For BTC USD And Many

Ongoing conflict in the Middle East is leading to much uncertainty in the crypto market, though Bitcoin seemingly can’t be stopped. The strength in the crypto market is now leading to investors asking, ‘Which new crypto to buy in June?’

BTC is holding strong above $104,000 and barely flinched at yesterday’s news that the Federal Reserve decided to leave interest rates as they are, coupled with Iran and Israel trading missiles at will.

🚀 $BTC holding strong at all-time highs, flexing unmatched resilience!

Even in a shaky, uncertain global landscape, Bitcoin stands tall.

Macro fear? BTC doesn’t flinch.

This isn’t just strength — it’s dominance. 💪 pic.twitter.com/Kliz7ruoZO

— altrady (@altradyapp) June 19, 2025

A Ceasefire In The Middle East Could Lead To New All-Time Highs For BTC USD And Many Other Digital Assets

Although it seems right now that no end is in sight with regards to the growing conflict between Israel and Iran, a lot can change very quickly and the US are still putting pressure on Iran to de-escalate the situation.

Crypto is holding up incredibly well in the face of growing war tensions, and any positive move regarding a potential ceasefire will likely be the catalyst for BTC USD to surge to fresh highs. Bitcoin is currently just a 6% move away from surpassing its May 22, 2025, all-time high of $111,814.

Looking at the AB=CD pattern on the Bitcoin chart, a compressing wedge is clearly forming. A breakout above the wedge will likely lead to a violent move to the upside. If this happens, a sharp move toward $150,000 is on the cards for BTC USD.

However, if the Iran/Israel conflict escalates further and other nations step in, Bitcoin could potentially breakdown and fall below $100,000, signaling a trend reversal. A drop to the $80,000 zone would become a real possibility.

(TRADINGVIEW)

Right now, though, there is no reason to look at the negative possibility for Bitcoin. It has shown undeniable strength in the face of huge global events that previously would’ve likely triggered a black swan event and seen BTC USD crash heavily.

Bitcoin is still perfectly mimicking the global M2 supply. When checking BTC against the M2 supply on a chart, it even predicted the current consolidation period. If BTC against M2 continues to track closely, it also points to a violent move to the upside coming sooner rather than later.

BTC USD could still drop to $100,000-102,000 as a final bottom formation to shake out longs and reset the funding rates before beginning a huge run toward $150,000 and possibly beyond.

With many anticipating Bitcoin breaking out rather than breaking down, it is leading many investors to seek the best new crypto to buy right now.