🟠 Bitcoin Market Analysis – June 21, 2025



Current BTC price sits around $103,492, after dipping from intraday highs of ~$106,451 and lows of ~$102,609, showing enhanced volatility.

🔹 Support Levels: $103,000 (psychological, recent lows) and $102,600
🔹 Resistance Levels: $106,400 and $108,000

📉 Short-Term (1–3 days):
Price consolidated within a ~$102.6–106.4K range, forming a tight channel. RSI teases neutral zones (~50), while volume is thinning—suggesting an imminent breakout setup.

📈 Mid-Term (1–2 weeks):
If BTC punches and closes above $106.4K, expect a swift push toward $108K–110K, potentially revisiting the all-time high near $111.9K from May 22, 2025 . Conversely, dropping below $103K opens the path to $100K psychological mark with support near $99K–100K.

🔍 Macro & On‑Chain Indicators:

Fed’s recent “hawkish pause” maintained higher interest rate expectations—keeping upward pressure modest .

Strong on‑chain fundamentals: accumulation continues during dips, and derivatives metrics remain balanced—no extreme funding imbalances.

⚠️ Key Triggers to Monitor:

Breaks above $106.4K signaling bullish momentum.

Crack below $103K prompting a swift test of $100K.
BTC-0.62%
NEAR-2.73%
STRONG-6.5%
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Ryakpandavip
· 06-21 03:06
Quick, enter a position! 🚗
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