$BTC 📉 Bitcoin Technical & Fundamental Update – June 21, 2025
BTC is trading at $103,458 (-2.24%), showing near-term weakness after rejection at $111,980.
🔍 Technical Insights:
Price is below key moving averages MA(7), MA(25) — signaling short-term bearish pressure.
Support zone: $102,345 – $97,000
Resistance zone: $105,600 – $106,500
STOCH RSI is deeply oversold — suggesting a potential bounce if buying volume returns.
📊 Fundamental Pulse:
🔔 U.S. debt crosses $37T; rising interest burden is increasing appeal for hard assets like BTC.
🟡 Mining firms (e.g., Bitdeer) report rising BTC holdings — showing institutional confidence.
📉 Short-term risk-off sentiment continues amid macro uncertainty and low liquidity.
💬 Outlook:
Caution near-term, but long-term structure remains intact if bulls defend $97K.
Are you buying the dip or waiting for confirmation?👇
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