$BTC 📊 **Comprehensive Analysis of Bitcoin (BTC) Price - June 2025 Update**
1. Market Overview (Current Situation)
- Current Price: $104,279, up +2.86% in the last 24 hours.
- Market Capitalization: $2.07 trillion, representing the largest dominance in the cryptocurrency market.
- **Time Performance**:
- Weekly: **-1.06%** (Slight Decline).
- Monthly: **+7.90%** (Strong Recovery).
- Yearly: **+47.35%** (Major Uptrend) .
2. Technical Analysis (Multiple Timeframes)
- Short-Term (Daily to Weekly):
- Neutral Signal with Downward Pressure: Broke support level at $104,000, and RSI at <30 (Oversold) indicates a potential correction towards $101,000.
- Descending Channel Pattern: Price is trading within a descending channel with resistance testing at $106,550 as a key barrier.
- **Recommendation**: **Negative** due to weak momentum.
- **Medium-Term (Monthly)**:
- **Strong Buy Signal**: Breakout of a bullish triangle (Pennant) above **$97,000**, with MACD confirming upward momentum.
- **Moving Averages**: The "Golden Cross" between the 50 and 200-day moving averages strengthens the uptrend.
- **Recommendation**: **Buy**.
- **Long-Term (Quarterly and Beyond)**:
- **Continuous Uptrend**: Bitcoin in a long-term upward channel, with strong support at **$85,000**.
- **Recommendation**: **Neutral with Accumulation Potential**.