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BeyOglu - The Analyst
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BeyOglu - The Analyst
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Summary of Bitcoin ($BTC ) Technical Analysis – Daily Chart (as of June 21, 2025) 🔷 Trend Overview: - Macro Trend: Bullish - Short-Term Structure: Consolidating below resistance. - Current Price Range: ~$103,000 - Major Resistance: $105,000–$106,500 and 109k$-110k$. - Major Support: $98,000–$99,500 (demand zone and previous breakout level) #TradersLeague
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#Bitcoin Holds Strong as Market Consolidates — No Bearish Divergence in Sight Upon analyzing $BTC price structure across multiple timeframes, I don't see any bearish divergence at the moment. Instead, the chart continues to print a series of bullish formations, including multiple inverse head and shoulders patterns, signaling continuation of the macro uptrend. The current movement between $100,000 and $109,000 appears to be a classic case of a choppy or ranging market — in simpler terms, a bullish consolidation phase just below resistance. This kind of sideways price action, especially after a significant rally, often serves as a base for the next breakout leg. Despite geopolitical tensions like the Iran-Israel conflict, Bitcoin remains remarkably resilient. If such macro-level risk had any real impact, BTC would likely have already broken below the $100K mark. Instead, the price is holding firm, which is another sign of strong bullish sentiment in the market. The chart structure remains highly constructive — multiple bullish reversal and continuation patterns are playing out, and as long as BTC holds above the $98K–$100K support zone, the broader trend remains intact. This ongoing consolidation below all-time highs is a healthy sign of strength — not weakness. #TradersLeague
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🇺🇸 President Trump threatens to fire Fed Chair Jerome Powell, calling him a "dumb guy" and a "Trump hater." "I don't know why the Fed Board doesn't override this total and complete moron. Maybe I'll have to change my mind about firing him."
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📰 Solana ($SOL ) to $160? How Nasdaq Listing Could Help 📍 Solana SOL is currently in a bearish phase, down over 18% in the last 30 days. However, a potential Nasdaq listing could reignite momentum behind the asset. #Nasdaq #SOL #Solana
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JUST IN: Bloomberg raises approval odds for spot XRP, Dogecoin, and Cardanon $ADA ETFs to 90%.
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