Here’s a recent and comprehensive analysis of Bitcoin (BTC) as of June 20, 2025:
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📈 Current Situation
• Current price: around 105,370 USD, in a narrow range between ~104,000 and 108,000 USD .
• Chart Technicals (4 hours): Price is stuck within a symmetrical triangle between support ~103,400 and resistance ~105,600; moving averages (20/50/100 EMA) at 104,950–105,800 form a barrier for upward movement .
• Technical Indicators:
• RSI at ~44: Slight downward bias but not excessive .
• MACD and band alignment indicate convergence in volatility → likelihood of a price explosion soon .
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🔍 Fundamental Drivers
• Round of overcoming “fear”: Global indicators (like the economy, S&P 500) and the relative decline in Middle Eastern tension have recently supported the price.
• Strong Institutional Flows: Availability of spot Bitcoin ETFs, support from funds like BBVA, and adoption by major companies (MicroStrategy and others) on the natural treasury strategy for BTC .
• Government demand internationally: Following U.S. actions (strategic Bitcoin reserve) long-term upward expectations have intensified.
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⚖️ Main Price Areas
Level Significance Position Assessment
Support: 103,400–104,000 Current pivot area Breaking it could open the way for 102,000 → 100,600 
Resistance: ~105,600 Mid-range barrier Closing above it could push towards 107,000 → 108,000
Advanced Levels: 110,000 → 115,000 Average target and possibly higher Needs additional institutional momentum and overcoming “liquidity resistances”
🎯 Upcoming Scenarios
🟢 Bullish Scenario
• Clear breakout of price above 105,600.
• It may rise to 107,000 then to “psychological” levels like 110,000–115,000.
• Support from ETF flows and institutional adoption, and possibly renewed political recovery or easing global tensions could attract investors back .
🔴 Bearish Scenario
• Breaking support at 103,400–104,000 and a stable close below.
• Could drive the price to 102,000 → then 100,600 (strong support).
• If global market sentiment deteriorates or geopolitical tensions escalate, the price could easily decline below 100,000 USD .
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🧭 Tips for Traders
1. Medium-term technical trading: Use entries at support 103.5 as a stop loss below 103 with a target towards 106–108.
2. Institutional Sentiment: Focus on indicators like ETF flows and pro-Bitcoin political speeches.
3. Macroeconomic Situation: Keep an eye on Federal moves, Middle Eastern risks, and inflation reports – all interact with BTC price.
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📅 Summary:
Bitcoin is currently trading in a total phase with expectations of an explosion soon. A breakout above ~105,600 could initiate a new wave, while a break below ~103,400 would increase the likelihood of a larger correction.
Long-term institutional support appears strong, but short-term volatility may cause prices to fluctuate between current support and resistance levels..
