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🚀 Will BTC return to test $110K? Technical analysis reveals the upcoming scenario! 🔎📈

🔍 Technical analysis of Bitcoin (BTC) – June 18, 2025

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📌 Current price:

Around $104,173

(Between $103,597 – $105,584 during the day)

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🧠 Quick technical outlook:

Key support:

Is between $102K – $104K, a strong level that has withstood selling pressure in recent days.

Next resistance:

Is at $105.5K – $106K, and if broken with a strong daily close, we could see a surge towards $110K.

Technical indicators:

The RSI is in a neutral area leaning upwards (around 52), leaving room for positive movement.

Moving averages (50 and 200 days) show a positive crossover (Golden Cross), indicating the continuation of the upward trend.

Possible pattern:

There are signs of forming a “Bull Flag” pattern, and if confirmed, the next technical target could be $112K – $115K.

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🎯 Proposed strategy:

Possible entry: Between $103.5K – $104.5K.

Stop loss: Below $102K.

Short-term targets: $106K – $110K.

Medium-term target: $112K – $115K.

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#bitcoin coin #BTC #cryptouniverseofficial ptoAnalysis #BTCUSDT #BinanceFeed $BTC

#Crypto_Trading #Technical_Analysis

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