🔍 Technical analysis $BTC as of June 21
1. Price: $103,625 — slight recovery after previous decline (-2.28% over 24 hours).
2. Support: $102,345 (24h minimum) and $102,920.
3. Resistance: $104,018 – $104,384 (EMA(99) zone).
4. SMA / EMA:
The price is trading slightly above MA(7) and MA(25), indicating short-term support.
MA(99) is above the current price — the global downtrend has not yet been broken.
5. RSI(6): 70.17 — in the overbought zone ⚠️ → possible local pullback or consolidation.
6. Volume: Low trading volume — price movement lacks strong support from buyers.
📈 Forecast for today:
🔸 Scenario 1 (base case): The price may test the resistance zone $104,000–104,400, but without strong volume, a breakthrough is unlikely. A flat or slight pullback to $103,200–103,000 is expected.
🔸 Scenario 2 (alternative): If the market gains positive momentum (fundamental news / large purchase), a quick break above $104,400 is possible, with the potential to move towards $105,000.
✅ Advice for traders:
Do not rush to enter a position — RSI is already overheated.
Watch the volume and confirmation of level breaks.
More suitable for scalping within $103,000–104,000.
🔔 Don't forget about stop-losses and manage risks!