$BTC
📈 #BTC Today's Analysis (6/16 20:55 CEST):
Bitcoin price stabilizes in the $105,000-$107,000 range, with a slight increase of 1.2% over the past 24 hours and market volatility at 2.07%. Despite a pullback from last week's high of $110,500, BTC holds the key support at $104,000, demonstrating the resilience of the bulls. 📊
🔍 Technical Analysis: The daily EMA60 (~$101,797) provides support, MACD is stagnant at a low level, and short-term momentum appears slightly weak. The 4-hour RSI is at 28.56, indicating oversold conditions, which may trigger a rebound.
🌍 Macro Analysis: Stability in U.S. stocks and ETF inflows (single-day $591M) boost confidence, but geopolitical issues (Middle East situation) and the Federal Reserve's interest rate decision (6/19) still pose uncertainties.
🚀 Outlook: If resistance at $108,260 is broken, BTC may test $115,000; if it falls below $102,000, further downside should be watched. Investors should pay attention to the trends in spot ETFs and global liquidity changes to seize short-term trading opportunities!
💬 Are you optimistic about BTC's future? #Bitcoin #Cryptocurrency
