Explore my portfolio mix. Follow to see how I invest!BTC/USDT Market Analysis – 20 June 2025

As of today, Bitcoin (BTC) is trading around $64,800 against USDT. The BTC/USDT pair has shown a relatively sideways movement over the past 24 hours, with minor fluctuations between $63,900 and $65,300. This consolidation is occurring after a strong bullish move earlier in the week that saw BTC push past the critical $64,000 resistance level.

From a technical perspective, BTC is holding above the 50-day moving average, suggesting short-term bullish sentiment. The Relative Strength Index (RSI) is near the 60 mark, indicating that the asset is not yet overbought and still has room for upward movement. Support remains strong around $62,500, while the next resistance lies around $66,000.

On the fundamental side, macroeconomic uncertainty and ongoing discussions about interest rates in the U.S. are keeping traders cautious. However, institutional interest in Bitcoin remains firm, with several large funds continuing to accumulate.

For traders, it’s essential to watch for a breakout above $66,000, which could signal a move toward $68,500–$70,000. On the downside, failure to hold $63,000 might invite selling pressure toward $61,000.