$BTC

📉 Bitcoin (BTC) Today: Analysis and Perspectives 📊

The price of Bitcoin (BTC) remains within a narrow range today, June 21, 2025, trading around $104,500, following several failed attempts to break the key resistance of $108,000. Despite solid support in the $104,000 area, BTC remains trapped in a symmetrical triangle with support at $103,400 and resistance at $105,600, according to the 4-hour technical analysis.

📌 Key Market Points Today:

- Technical Indicators: The RSI at 44.4 shows a moderate bearish bias, while the MACD is flat, indicating a lack of momentum.

- Reduced Volatility: The width of the Bollinger Bands is narrowing, indicating consolidation before a possible significant move.

- Options: Options contracts on Deribit suggest a neutral to bearish bias, with greater interest in strikes of $104,000-$105,000.

📢 What do you think? Is it time to accumulate or wait for a larger pullback? Leave your analysis with #Bitcoin2025! 🚀