Analysis $BTC 06/16/2025

BTC, we made a great recovery here, a daily close today above $108K puts us in a great position to target $112K in the next round.

Things are heating up quickly, notice that we have not yet had any solution to the current crisis in the Middle East, but still the price shot up quickly to resistance, the big holders are getting impatient and they want higher here, they will get higher.

The BULLS are in control, and as long as they can defend the orange region below the current price, things will improve quickly for the entire market. On Wednesday we have the FOMC and that should test the BULLS, we are doing well.

Despite the RSI drawing our attention in 4h, I still don't think this is an immediate issue, we can target $109,500 without problems. The EMA 200 is quickly approaching the blue range on the chart, things will get interesting.

I am particularly interested in the direction of the USD and GOLD, I would like to see the latter continue to fall and show weakness, THEN we should have a greater advance in Crypto, especially in Altcoins.

The big reality here is that the BEARS are running out of time, and apparently also out of strength.

Yes, most told you that last week was the end of the world, guess what? ONCE AGAIN most were wrong. The bull market cannot be canceled, the market does not care about your emotions, so...stay clear-headed.

Forget the noise and focus on what matters!

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