#PowellRemarks BTC/USDT Market Analysis – 19 June 2025

The BTC/USDT pair continues to show strong volatility as Bitcoin trades within a critical consolidation zone. Currently, BTC is hovering around the $66,500 to $67,000 range, after a slight pullback from recent highs near $69,000. This movement reflects profit-taking after a significant bullish trend that began earlier this month.

Technical indicators show mixed signals. The Relative Strength Index (RSI) on the 4-hour chart is around 52, suggesting a neutral momentum with neither overbought nor oversold conditions. Meanwhile, the 50-day moving average is still trending upward, indicating underlying bullish strength. However, if Bitcoin fails to hold support at $66,000, we may see a retest of the $64,800 zone, which has previously acted as a strong support level.

On the fundamental side, macroeconomic factors such as U.S. interest rate expectations and ETF inflows continue to influence Bitcoin’s price. Institutional interest remains high, especially with continued Bitcoin spot ETF inflows, which is helping maintain overall market sentiment in the bullish zone.

Traders are advised to keep a close watch on the $66,000 support and $68,500 resistance. A breakout above the resistance could signal a push towards $70,000, while a break below support might indicate a short-term correction. Risk management is key in such conditions.