**๐ Bitcoin (BTC) Technical & Fundamental Analysis โ June 26, 2025**
**Market Overview:**
Bitcoin is currently trading around **\$61,000**, showing signs of recovery after a recent correction from the \$65,000 resistance zone. Despite short-term volatility, BTC maintains a bullish macro structure supported by institutional accumulation, ETF inflows, and a healthy post-halving consolidation.
**๐น Technical Analysis:**
* **Support Zones:** \$59,000 โ \$60,200 (strong buyer interest)
* **Resistance Zones:** \$63,800 โ \$65,000 (key breakout level)
* **Trend:** Neutral to bullish on the 4H and Daily timeframe
* **200 EMA (Daily):** BTC is trading above the 200 EMA, confirming a bullish long-term bias
* **RSI (4H):** Currently around 52, showing room for upward momentum
* **MACD (4H):** Histogram turning green, bullish crossover likely
**Chart Patterns:**
A potential **ascending triangle** is forming on the 4H chart, with a horizontal resistance near \$63,800. A confirmed breakout above this level could trigger a sharp move toward \$66,500โ\$68,000.
**๐ Trading Strategy:**
* **Long Position Entry:** \$60,500 โ \$61,000
* **Target 1:** \$63,800
* **Target 2:** \$66,500
* **Stop Loss:** Below \$59,000
* **Risk/Reward Ratio:** \~1:2.5
**Short-Term Outlook:** Cautiously bullish โ look for a clean breakout of the \$63.8k resistance for continuation.
**Fundamental Support:**
* **ETF Inflows** continue to support long-term price stability.
* **On-chain data** indicates significant accumulation by long-term holders.
* **Macro Sentiment:** Inflation remains in check, and rate cut expectations are positive for BTC.
**โ ๏ธ Risk Note:**
Always manage risk properly and avoid overleveraging. Bitcoin remains volatile, and market sentiment can shift quickly.