$BTC
โฟ Bitcoin (BTC) Update โ June 16, 2025
Price: ~$107,200
Day Range: $105.6K โ $108.8K
Trend: Bullish momentum
๐ Key Drivers
๐ ETF inflows from firms like BlackRock (massive demand)
๐ช Halving (April 2024) cut BTC supply in half
๐๏ธ U.S. Strategic Bitcoin Reserve launched in March 2025
๐ Weak USD + Fed rate cut expectations boosting BTC appeal
๐ Forecasts
๐ผ Targets for 2025: $150Kโ$250K
๐ Risk: Geopolitical tension may pull BTC below $100K
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