$BTC

Store of Value: Digital gold, widely accepted and held by institutions.

• Limited Supply: Only 21 million BTC will ever exist – scarcity = price support.

• Halving (April 2024): Block reward cut in half → less selling from miners.

• ETF Approval (Jan 2024): U.S. Spot ETFs by BlackRock, Fidelity, etc. → strong institutional demand.

• Global Adoption: Countries using BTC as reserve, payment (El Salvador, Argentina, etc.)

❌ Risks/Weaknesses:

• Regulation Uncertainty: Government crackdowns or overregulation (esp. in U.S.).

• Whale Dominance: Large holders can manipulate short-term price.

• Network Scalability: Still slow for transactions; Layer 2 (like Lightning) needed.

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🔹 3. Technical Analysis (13 June 2025)

📉 Recent Price Movement:

• Last 7 days: BTC dipped from ~$72.5K to ~$69.5K

• Support Levels: $68,000 / $66,000

• Resistance Levels: $71,500 / $73,000 (ATH test)

• Trend: Short-term consolidation after ETF-driven rally

📊 Indicators:

• RSI (Daily): ~55 – neutral/bullish zone

• MACD: Slight bearish crossover recently (short-term correction)

• 50 MA vs 200 MA: Still a bullish golden cross (long-term uptrend)

📌 Short-Term View (1–2 weeks):

Sideways or slightly bullish unless breaks below $68K.

📈 Mid-Term View (1–3 months):

$75K–$80K possible if macro conditions stay bullish (interest rate cuts or ETF inflows).

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🔹 4. On-Chain Metrics

• Exchange Reserves: Down → holders withdrawing to cold storage (bullish)

• HODL Waves: Over 70% of BTC hasn’t moved in 6+ months = strong conviction

• MVRV Ratio: ~1.8 (still in safe zone – not extreme greed)

• Fees & Hashrate: Network stable, hashrate at all-time high → miners bullish

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🔹 5. Macro & Sentiment Analysis

🌎 Global Environment:

• U.S. Fed Likely to Cut Rates (Q3 2025): Bullish for BTC

• Dollar Weakening Slightly: Favors BTC

• Stock Market: S&P 500 near ATH – risk-on environment

📢 Market Sentiment:

• Fear & Greed Index: ~70 (Greed, but not extreme)