📰 💥 Big $BTC News – June 21, 2025

1. MicroStrategy’s Power Move Powers Passive Bitcoin Exposure

MicroStrategy now controls over 592,100 BTC (~$62B), and by issuing preferred stock, it has seeped into major U.S. stock indexes. As a result, passive index funds (like QQQ, Vanguard Total, and iShares Russell 3000) are inadvertently tipping into Bitcoin—estimated at $14B in index fund exposure, and up to $50B when accounting for active funds .

2. BTC Rebounding Above $105K Amid Global Tension

Despite geopolitical jitters, Bitcoin has held steady above $105,000, reinforcing its perception as a store of value while traders await Fed moves. This resilience underscores BTC’s growing maturity in turbulent markets .

3. Triple Witching Options Expiry May Spark Volatility

Bitcoin recently dipped below $104K during the high-stakes “triple witching” day—when stock and crypto options blended to spike short-term volatility. Still, BTC continues to hover near key support, holding the line for a potential push toward $135K .

4. Major Theft Suspect Pleads Guilty in $245M BTC Scam

A 19‑year‑old from Connecticut, tied to a $245 million Bitcoin theft (including loads of stolen BTC), has pleaded guilty. The fallout from this crime wave—up to $260M stolen—led to a massive raid and could reshape crypto crime enforcement .

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🎯 Price Action & Target Zones

📊 Current Range: ~$104K–$106K

⏭️ Immediate Target: $112,000 (local ceiling)

Mid-Term Target: $135,000 (charted break if support holds)

⚠️ Bear Watch: If BTC falls below $103K–$104K, expect cautious fund flows or possible liquidation pressure.

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🧠 What to Watch Next

Index & ETF flows: Continued exposure via MicroStrategy could reinforce BTC's legitimacy in finance.

Geopolitical dynamics: Middle East tensions remain catalysts—watch for volatility near milestones.

Fed commentary: Any hint of rate cuts or hawkish moves will sway BTC’s next leg.

Options expiry resets: The post-expiry weeks often set the tone—stay alert for bounce or breakdown.#MarketPullback