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Trump exposed the content of the call with Putin! Important developments in the Middle East situation How to trade after BTC106k?
Gate News, after US President Trump announced a ceasefire between Israel and Iran on Monday, the tension in the Middle East has eased. The global market, including Crypto Assets, rose, pushing the price of BTC (BTC) to continue its rise on Wednesday (June 24), reaching above $106,000. President Trump of the United States said that Russian President Putin had called him to inquire if help was needed on the Iran issue and expressed willingness to assist. Early reports indicate that the US strike on Iran's nuclear program had limited impact.
According to CNN, President Trump revealed on Air Force One during a discussion with reporters on the Iran issue that Russian President Vladimir Putin called and expressed willingness to help with the Iran situation.
(Source: CNN)
Fox News reported that Trump harshly criticized former Russian President Dmitry Medvedev, accusing him of suggesting other countries intervene to provide nuclear warheads to Iran in retaliation for the US attack on three nuclear facilities in Iran on Saturday.
Medvedev said in Sunday's X post, "The enrichment of nuclear materials - now we can say directly, the future production of nuclear weapons - will continue."
Medvedev said, "Some countries are ready to directly provide their own nuclear warheads to Iran."
He did not specify which countries might be involved in providing Iran with nuclear capabilities.
Last week, Russian President Putin proposed to mediate peace talks between Iran and Israel. Similarly, Russia also proposed to intervene and assist the United States and Iran in negotiations on the nuclear agreement.
Russia participated in the 2015 Iran nuclear agreement, the Joint Comprehensive Plan of Action. The agreement lifted sanctions on Iran in exchange for restrictions on Iran's nuclear program, but Trump withdrew from the agreement in 2018.
According to Bloomberg, early intelligence suggests that the US airstrikes on three Iranian nuclear facilities had limited impact, casting doubt on President Donald Trump's claim that the uranium enrichment facilities have been "completely destroyed".
(Source: Bloomberg)
A report released by the Pentagon's Defense Intelligence Agency stated that the US attacks may not have destroyed the core components of Iran's underground nuclear program, including centrifuges, according to a person familiar with the report who declined to be named due to the private nature of the documents.
Another person familiar with the assessment of the United States and Europe has confirmed the finding and described the interruption as temporary. However, individuals familiar with the report said that the ground had suffered significant damage, and the attack had delayed the program for several months to a year.
This finding is consistent with open-source satellite imagery, which shows new craters, possible collapsed tunnel entrances, and holes at the top of ridges, but there is no concrete evidence that the attack damaged the most heavily protected underground facilities.
Earlier on Tuesday, CNN reported on the contents of the Defense Intelligence Agency (DIA) assessment report. White House spokesperson Karoline Leavitt did not deny the existence of the assessment report, but denied its conclusions, stating that the leak was intended to smear Trump and the U.S. attack operation.
BTC Technical Analysis
NewsBTC analysis suggests that the BTC price started a new round of rise after breaking through $102500. The BTC price is pumping strongly, breaking through the $103200 and $103500 levels, entering the pump zone.
The bulls pushed the price up to the 76.4% Fibonacci retracement level of the downtrend from the high of $106,470 to the low of $98,276, opening the door to break the resistance at $106,000 and testing the $106,500 area.
The current trading price of BTC is above $105,000 and the 100-hour simple moving average. A rising trend line has also formed on the hourly chart of BTC/USD, with support at $106,000.
On the upside, the immediate resistance is near $106,500. The first key resistance is near $107,200. The next key resistance could be $108,500 or the 1.236 Fibonacci extension level of the downward move from the swing high of $106,470 to the swing low of $98,276.
If the closing price breaks through the resistance level of $108,500, it may further push the price up. In this case, the price may rise and test the resistance level of $110,000. If it continues to rise, the price may approach $112,000.
(Source: NewsBTC)