🔍 #Bitcoin❗ Sharp Intraday Downfall Analysis at June 20, 2025

Chart-Based Technical Analysis

⏰ Timeframe: 30-min and 15-min charts show sharp sell-off candles.

📊 Indicators:

Price was rejected from EMA 200 (~105,217), suggesting strong resistance.

RSI: Volume at 14:30 shows sudden surge in sell orders, confirming institutional exit or liquidation cascade.

📌 Short-Term Forecast:

✅ Reclaim above $104,500 → Short-term relief rally possible.

❌ Fail to hold $102,000 → May revisit $100,400 or lower zones.

🧠 Summary

✅ The June 20 dump was caused by:

Technical breakdown under EMA200

Weak support zones

Panic-selling triggered by news fear and whale behavior.

🔄 BTC is now trying to stabilize, but macro resistance at $105,000+ must be cleared for bullish recovery.

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