$BTC

Technical Analysis Report for USDT - June 22, 2025

Bitcoin (BTC) shows strong resilience, trading at around $102,711, recording modest daily gains of +0.06%. Despite dropping to a low of $100,837, Bitcoin quickly rebounded, confirming bullish interest at key support levels. The 24-hour trading volume rose to 15,110 Bitcoin (approximately $1.55 billion), indicating strong market participation and the potential for smart money accumulation. With a peak at $103,982.64, Bitcoin continues to approach the breakout area, targeting the critical resistance zone near $104,500.

Momentum appears to be steadily increasing as buyers dominate the lower ranges of the order book. Depth charts show an accumulation of offers between $101,400 and $102,000, providing protection from sudden spikes. If Bitcoin clearly breaks the resistance level at $104,441, we may witness a rapid rise towards $106,000 in the coming sessions. Traders should exercise caution, as Bitcoin is poised for an exciting breakout, and investors are holding their grip tightly.$BTC