#MetaplanetBTCPurchase Here is a brief analysis of the bitcoin market ($BTC) as of today (as of June 17, 2025):

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📊 General Overview (BTC/USD)

• Price: ≈ $65,000–$67,000 (may change in real time)

• Trend: Bitcoin is currently in a consolidation phase after a recent rise to ~$70,000.

• Support: ~$63,000

• Resistance: ~$68,500–$70,000

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🔍 Technical Analysis (brief)

• RSI (relative strength index): Neutral zone (~50–55) — no clear overbought or oversold conditions.

• MACD: Starting to turn upwards — possibly preparing for a new wave of growth.

• 200 SMA (long-term average): Below the chart — confirms that the global trend is still “bullish.”

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🧠 What it means:

• If the price stays above $63,000, there is a chance of breaking through $68,500 and a new surge to $72,000+.

• If bitcoin drops below $63,000, a decline to $59,000 or even lower is possible (but this is currently unlikely without global negativity).

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📅 Short-term outlook (1–2 weeks):

✅ Potential for growth with favorable news

⚠️ Caution — testing support at $63k is not ruled out

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🔔 Want to know how to trade better now — hold, buy, or sell?