Is Bitcoin 106000 or a Bust? The Next Move of Bitcoin Depends on Global Tensions
Last night, Bitcoin surprisingly passed quietly, without the expected large fluctuations, not even a spike in prices occurred, which is a bit strange. Currently, Bitcoin's volatility seems directionless; it is better to view it as a consolidation phase. A high-level consolidation range can be divided into two smaller consolidation ranges!
Small-level consolidation range: near 103000 at the bottom, near 107000 at the top;
Large-level consolidation range: near 100500 at the bottom, near 112000 at the top! Overall, the small direction focuses on the breakout direction of the small-level consolidation range, while the large direction focuses on the breakout direction of the large consolidation range. In the absence of direction, temporarily operate by buying low and selling high within the consolidation range!
"Click to follow and track updates, receive trend analysis in real-time!"
BTC Analysis: Daily Chart June 19, 2025
