📊🔥 $BTC Technical analysis of Bitcoin for June 2025
Bitcoin has recently reached a new all-time high of $111,000, driven by institutional optimism and the growing adoption of spot BTC ETFs. However, in the last 24 hours, the price has slightly retraced and is around $108,431, with a decline of 0.38%.
🔍 Key indicators:
Main support: $107,000
Immediate resistance: $110,000
Volume: Declining, suggesting consolidation before a possible significant movement.
RSI: At neutral levels, not indicating overbought or oversold conditions.
🐋 Whale behavior: Large wallets have begun to distribute some of their assets, which could indicate profit-taking after the recent rally.
📈 Short-term outlook:
Bullish scenario: If BTC surpasses and sustains above $110,000 with increasing volume, it could head towards $115,000–$120,000.
Bearish scenario: A drop below $107,000 could push the price towards the psychological support of $100,000.
💬 Are you accumulating BTC or waiting for a deeper correction? Share your strategy in the comments.