$BTC "Daily Update on Bitcoin – June 21, 2025: Bearish Pressure… Will Prices Rebound?"
📝 Content:
Current Bitcoin Price ~103,910$ (Trading Range: 102,609–106,100$).
📉 Daily Technical Analysis:
- EMA-50/200 break and negative MACD → bearish pressure with RSI at ~44.
- Near resistance: 105–106K$. A break activates upward potential.
- Immediate support: 103,800$. A break creates a gap for a drop towards 102K or lower.
⚠️ Strategy:
- 💼 Short Trade: Sell at 105K with a stop loss above 106K.
- In case of a rebound above 105K, a long trade can be opened targeting 107–110K.
📌 Note: The drop has shown selling exhaustion that may lead to a quick rebound if the resistance break is successful. It is better to wait for a clear confirmation.
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