Analysis $BTC 06/24/2025

BTC followed the plan perfectly and very quickly... we are in a region of extreme importance for the BULLS and the BEARS since this region of $106K is where we had the last strong rejection and we already know that support above this region will put us in a straight line to $112K.

Today's daily close is very important, I would like to see these last 4 remaining hours being more active and going above the blue range on the chart.

As soon as we manage to go above the blue range, the time will be in favor of the BULLS. We are above the EMAs 50/100/200 (4H) and the RSI still gives us some space to rise, even on 4h.

I am counting on the following scenario:

The price shoots up quickly above the blue range, already trapping several large BEARS in this region, and as we approach $108K, these same ones will have the tough choice between: 1) Staying and risking being liquidated, or 2) Closing negative. I think most of them will prefer to close at a loss, which will make it easier to liquidate those few who did not exit; this movement should help the price to rise even faster.

That is why the blue range is so important for both sides, I chose my side and you?

Regarding Altcoins, they really look good, most are already starting to form very good charts, of course... there are always those that are lagging behind, but still, they are doing very well; basically, they just need #BTC to stay above $106K and they will perform well.

Here is where you want to pay attention.

$112K is inevitable, now or later... the BEARS ARE DOOMED to failure, holding...