$BTC BTC Market Update – June 16, 2025
Bitcoin is back above $108K, rebounding strong after testing support near $104K earlier today.
This comes as geopolitical fears cool, and on-chain data shows institutional inflows gaining momentum. 🟠💼
📈 Key levels to watch:
Support: $106K and $104K
Resistance: $108.8K and $112K (recent ATH)
🧠 Technicals hint at a volatility breakout ahead, with MACD momentum building and ETF demand surging. If $109K clears, we may see a push toward $112K+.
Will this breakout sustain or stall at resistance? Stay sharp. 🔎