June 17, 2025 โ
### ๐ **Bitcoin (BTC) Daily Analysis**
* **Current Price:** \$107,355
* **24h Change:** +0.93%
* **Dayโs Range:** \$106,366 โ \$108,801
* **Market Cap:** \~\$2.1 Trillion
* **24h Volume:** \~\$50 Billion
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### ๐ **Key Technical Levels**
* **Support:** \$105,800
* **Resistance:** \$108,800
BTC is currently trading in a tight range just below major resistance. A clean breakout above \$108.8K could trigger momentum toward **\$110Kโ\$112K**. However, a rejection near that level might result in a pullback to the \$105.8Kโ\$106K support zone.
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### ๐ **Indicators Summary**
* **RSI (1h/4h):** \~58 โ Neutral to slightly bullish
* **MACD:** Bullish crossover observed
* **Trend:** Uptrend remains intact (Higher Highs & Higher Lows)
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### ๐ง **Trade Strategy Idea**
โ **Bullish Bias:**
* Enter long if BTC breaks and holds above \$108.8K with volume
* Target zones: \$110K / \$112K
* Stop loss: Below \$106.2K
โ ๏ธ **Cautious Long:**
* Bounce entries around \$106K with confirmation
* Avoid chasing price near resistance without a breakout
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### ๐ **Macro Context**
* Steady ETF inflows help maintain price strength
* US economic data releases later this week may add volatility
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