#TrumpBTCTreasury Here’s the situation with Bitcoin (BTC) as of today, Monday, June 16, 2025:
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📈 Market Overview
Price stability: BTC is hovering around $105.8K, holding steady above the psychologically crucial $105K level .
Short-term fluctuation: Yesterday it tested the $104.2K support level and faced resistance between $105.8K–$106K .
Volatility context: The broader crypto market saw a slight dip recently (BTC down ~2.7% to $104.7K on June 13) amid geopolitical and macroeconomic concerns .
🚀 Technical & Sentiment Signals
Bullish patterns: Analysts report a “golden cross” formation, drawing bullish expectations .
Resistance levels: Key upside resistance lies near $106–$107K, while support bands cluster at $104K and around $103K .
Neutral stance: Momentum indicators are mixed—stochastic RSI signals possible exhaustion, and MACD shows sideways pressure .
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🔎 Key Drivers
1. Geopolitical anxieties: Tensions in the Middle East have caused dips and risk-off sentiment .
2. Institutional backing: Ongoing spot‑BTC ETF inflows, plus major companies (like MicroStrategy and even Trump Media) building BTC reserves, are reinforcing demand .
3. Macro tailwinds: A weakening USD (down ~9% YTD), dovish trade‑deal vibes, and U.S. political support for crypto are broadening appeal .
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🕰️ Short-Term Outlook
Bull case: Holding above $105K and clearing $106K–$106.3K could catalyze a move toward $107K–$108K .
Bear case: Failure to maintain $104K could see dips back to support zones at $103K or even $101K .
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📝 In Summary
Bitcoin remains resilient around $105K, buoyed by strong institutional interest and macroeconomic circumstances.
It’s currently in a consolidation window; breaking key levels (~$106K–107K or $104K)
