$BTC June 15 BTC Market Outlook

Bitcoin rebounded to the 106,000 range this afternoon, aligning with last night’s forecast of a short-term recovery to that level. The 4-hour resistance remains intact, confirming the expected price action.

Currently, BTC is fluctuating between 104,000 and 106,200 on the 4-hour chart. The 106,200 mark now acts as a dual resistance zone—both at the 4-hour and daily levels—following recent consolidation.

Market liquidity today is notably low, less than half of what’s typical on a regular weekday. This thin liquidity creates ideal conditions for major players to manipulate price zones for forced liquidations, typically starting late Saturday night into early Sunday morning.

As for trading strategy, the defensive threshold is now set at 106,700, with a continued bearish outlook targeting support levels at 104,200 and 102,800.