The price movement of Bitcoin is currently testing investors' sensitivity as it fluctuates around the $100,000 mark. Although the price is hovering around this psychological level, analysts emphasize that June 22, 2025, is a crucial date for potential volatility. Supported by both historical volatility patterns and technical indicators, this date is gearing up to become an important window for Bitcoin's next move.

Bitcoin Prepares for Volatility on June 22

Bitcoin is entering a decisive phase as it trades above $100,000, with technical signals identified by TradingView's 'readCrypto' expert aligning around the crucial timeframe—June 22. Chart analysis indicates that June 22 is an important day, signaling the anticipated beginning of Bitcoin's next volatility window, with the possibility of a breakout or collapse depending on how the leading cryptocurrency reacts to key support and resistance zones.

Currently, Bitcoin is trading at $104,731, close to the important confluence range between $104,463 and $106,133—a zone marked as the midpoint of the structure. This area is defined by DOM (60) and the Heikin-Ashi highs on the price chart, marking the formation of the recent upper boundary. Furthermore, the lower limit of the range is at $99,705, which is the HA-High support level, where the price has been tested previously but has not yet been broken.

According to analysts, June 22 is significant because it coincides with the confluence of key price levels with the M-Signal indicator on the weekly chart. This indicator is currently rising and is aligning near the HA-high level of $99,705. If Bitcoin drops below this level, it could signal the start of a deeper corrective move, potentially heading towards the monthly M-Signal line or even the $89,294 range, corresponding to Fibonacci 2.618.

Conversely, if Bitcoin holds above this level and breaks through the resistance at $108,316, momentum could shift back in an upward direction. The analyst has set higher bullish targets near $109,598 and $111,696, reflecting the final resistance area before reaching new highs.

Support Areas and Momentum Show Tension

Disregarding forecasts due to readCrypto's volatility, the Bitcoin chart from TradingView's analyst shows that the On-Balance-Volume (OBV) oscillator remains below the zero line. This indicates that despite recent gains, selling pressure may still be dominating the market overall. However, the histogram chart shows signs that the selling momentum is weakening.

This divergence aligns with Bitcoin's weakening Relative Strength Index (RSI), indicating that momentum may be cooling. Low OBV readings, combined with a recent rebound from the lower support range, also highlight a severe stalemate in the market. If Bitcoin breaks below the Heikin Ashi high of $99,705, the likelihood of retesting the new low of $89,294 is very high.

Until then, readCrypto's analysis shows that all eyes are on the $104,000 to $106,000 range. The area between $99,705 and $108,316 currently defines the upper boundary of the consolidation range. A confirmed move outside of this range, primarily triggered between June 21 and June 13, could determine Bitcoin's next major move.