$BTC

🟠 Bitcoin Price Update – June 21, 2025

Bitcoin is currently trading around $103,700, showing signs of consolidation after a recent dip from highs near $106,000. Market volatility has increased slightly, with short-term support forming around the $103K zone.

Several factors are influencing BTC's movement. Geopolitical tensions in the Middle East and ongoing U.S. trade uncertainty are keeping global markets cautious. At the same time, the Federal Reserve's stance of holding interest rates steady has provided some breathing room for crypto assets.

On the technical side, on-chain data shows growing accumulation despite sideways price action. Analysts are watching the $108K resistance level closely. A breakout above this could set the stage for a surge toward $130K or more in the coming months. However, a drop below $103K could signal a short-term correction back to $100K.

Overall, Bitcoin remains bullish in the medium term, with many investors expecting higher targets as we move into Q3.