📈 Market Overview & Price Drivers
🔹 Recent Price Action Range-bound around $105k–$106k: BTC is trading near $105,000–$106,000, staying below its all-time high (~$112k) .
Last week saw a 3.3% drop to around $103,556 following Israeli airstrikes in Iran, triggering over $1B in liquidations . It has since rebounded to ~$106k .
🔹 Technical Perspective
MACD bear crossover on 4‑hour and daily charts suggests weakening momentum .
Price consolidating within a descending triangle ($104k–$105.5k resistance), and currently hugging the lower Bollinger Band .
Key support zone is $104k–$104.5k; potential breakout resistance at $105.5k–$106k .
🔹 Sentiment & Fundamental Tech
Fear & Greed index sits around neutral (mid-50s range) .
On-chain drama: wallets with 10k–100k BTC dumped 37k coins since June 3—could signal lack of confidence .
🏛 Institutional & Regulatory Tailwinds
Meliuz (Brazilian fintech) raised ~$32.4M to add BTC to its treasury .
Trump Media & Amer. gov moved to hold BTC in corporate and federal reserves ($2.3B in TMTG, Strategic Bitcoin Reserve executive order from Mar 6) .
Galaxy Digital & MicroStrategy continue institutional accumulation; stablecoins and crypto infrastructure get support .
EU’s MiCA enabling passports for Gemini, OKX, Crypto.com, Coinbase—as part of global regulatory momentum .
US CLARITY & GENIUS Acts moving forward; SEC/CFTC clarifying DeFi & staking regulations .
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🔮 Summary
Bitcoin in mid-June 2025 sits at a crossroads: strong institutional demand and regulatory tailwinds support bullish outlook, but volatility remains elevated due to geopolitical, on-chain, and technical pressures. A decisive move above $106k–$110k could reignite the rally, while failure to hold $104k could signal short-term bearish risk.
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