$BTC /USD Falls from $106.5K to $100.8K – Hammer Candle Signals Bullish Reversal (as of June 22, 2025):

°24h High: $103,982.64

°24h Low: $100,837.90

°Current Price: $102,715.58

°Overall Trend:

The market experienced high volatility. After a strong uptrend peaking at $106,524.65, BTC sharply dropped to $100,837.90 and has since been recovering gradually.

💥 Powerful Candlestick Formations Observed:

1.Shooting Star (Bearish Reversal)

°Location: Near the top at $106,524.65

°Meaning: After a strong rally, a long wick on top signals rejection and upcoming sell pressure.

2.Strong Bearish Engulfing

After Peak: A large red candle completely engulfing the previous green candle confirms the trend reversal and heavy selling

3.Hammer Candle (Bullish Reversal)

°Near $100,837.90 (Low point)

°Meaning: Long lower wick shows strong buying pressure stepping in — potential bottom reversal signal.

4.Bullish Marubozu

°After bottom: Clean green candle with almost no wick shows aggressive buying and momentum shift upwards.

5.Volume Confirmation

High Volume Spikes: Appear during reversals (both bearish and bullish), adding strength to those candlestick signals.

✅ Current Sentiment:

The market is in short-term recovery mode after hitting the daily low. Key candles like the hammer and bullish marubozu suggest buyers are active, but the zone near $103k will act as resistance.

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