$BTC

₿ Bitcoin (BTC) Update – June 16, 2025

Price: ~$107,200

Day Range: $105.6K – $108.8K

Trend: Bullish momentum

🔑 Key Drivers

📈 ETF inflows from firms like BlackRock (massive demand)

🪙 Halving (April 2024) cut BTC supply in half

🏛️ U.S. Strategic Bitcoin Reserve launched in March 2025

🌍 Weak USD + Fed rate cut expectations boosting BTC appeal

📊 Forecasts

🔼 Targets for 2025: $150K–$250K

📉 Risk: Geopolitical tension may pull BTC below $100K

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