$BTC Update – June 16, 2025

Bitcoin is currently trading around $105,000, facing strong resistance near $107,000–$110,000. Despite recent pullbacks, BTC remains in a macro uptrend, supported by positive institutional sentiment and ETF inflows. Key support zones lie at $102,500 and $99,800, while dominance holds steady above 54%, indicating continued strength over altcoins.

Technical indicators:

RSI: Neutral (~55), room for movement.

MACD: Slightly bearish crossover, suggesting short-term consolidation.

200 EMA: Acting as dynamic support on 4H chart.

Watch for a decisive move above $110K for bullish continuation. Stay alert; weekend volatility may carry into Monday’s session.