๐ Bitcoin is trading at ~$102,568 today, which is down a little bit , but is still maintaining excellent support levels of $102K to $104K.
๐ Why June 22 Matters: There seems to be some regularity with significant volatility pivots in reference to BTC's history. Recent observations also suggest a breakout/breakdown period for considering some action soon.
๐ **Analyst & On-Chain Highlights:****
Cryptonews quotes $BTC at ~$103,671 (June 20) with manageable bureaucratic hurdles, and institutional support with a projection consistent with acceptance of a $115K target before the year is up.
Coinpedia mentions potential downside towards the $90K-$95K zone, while still supporting a bullish thesis.
๐ฏ Price Zones of Interest:
Support โ $102K-$100K โ able to hold
Resistance โ $110K-$115K โ first break into, rapid gain afterwards
๐ง Tradersโ Move: Watch from here, if a thing happens on a breakout move, we get runway to $115K+. If itโs a breakdown, we might go deeper into the area towards $90K-$95K.
๐ฌ Whatโs your call? Will BTC hold and drift back up there, cycle lower, before what probably the next leg?