#GENIUSActPass Here’s an updated snapshot of Bitcoin’s situation as of today, June 19, 2025:

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📈 Market Summary

Price: Hovering around $104,657, which is down about 0.37% from the previous close — a modest pullback in a generally volatile crypto landscape.

Daily range: Between $103,795 and $105,532 .

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🔍 What’s Behind the Move?

Geopolitical Tension

Renewed Israel–Iran conflict is keeping investors cautious, with risk-off behavior causing a sell-off in crypto assets. Bitcoin dipped below $105K amid this risk aversion .

Fed Policy Outlook

Market participants are trimming exposure ahead of the upcoming FOMC decision. Traders are nervous about what rate signals might mean for risk assets like BTC .

Regulatory Developments

The U.S. Senate recently advanced stablecoin regulation — a sign of growing mainstream legitimacy — yet Bitcoin’s price remained flat at roughly $104,590 .

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📊 Technical & On‑Chain Insight

Price band squeeze: BTC is consolidating between $104.4K and $107K, stuck in a symmetrical triangle. Breakouts above this range, especially with volume, might trigger bigger moves .

Support zone: ~$104,400 is a key floor; a break below could open the door to deeper downside momentum .

Historical cycle: According to CryptoQuant’s analysis, 2025 is the third year of BTC’s typical 4‑year growth cycle – often the strongest year. If that holds, BTC could climb ~120% by year‑end toward ~$205K .

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💡 Summary

Bitcoin is currently in a wait-and-see mode, pressured by geopolitical tensions and cautious Fed sentiment. It remains range-bound, but sturdy within $104K–$107K. If broader risks let up and traders regain courage, a breakout toward previous highs becomes possible — though a decisive move may hinge on upcoming central bank signals.

Would you like me to track BTC’s movement after the Fed meeting or dive deeper into cycle-driven forecasts or technical setups?