🚨 BITCOIN MARKET UPDATE – JUNE 11, 2025 🚨
$BTC pushes toward $71K — Is the bull back?
Bitcoin is once again commanding attention as it climbs to $70,870, posting a +2.14% gain in the last 24 hours. After consolidating above the $68K support, bulls are making a strong push, eyeing a breakout above the psychological $71,200 barrier.
📊 Market Snapshot:
• Current Price: $70,870
• 24H Range: $68,520 – $71,064
• 24H Volume: $37.9B
• Trend: Bullish continuation
• Dominance: 53.2%
🔍 Key Levels to Watch:
• Immediate Resistance: $71,200
• Next Major Resistance: $72,800
• Strong Support: $68,000
• Breakdown Risk Zone: $66,500
📈 What’s Driving This Move?
• Large-scale whale accumulation spotted over the past 48 hours
• Weak US dollar index supporting crypto inflows
• Anticipation of BTC ETF inflows resuming in the coming weeks
💬 Analyst Take:
If $BTC breaks and holds above $71.2K with volume, the road to $75K could be wide open. Traders should monitor RSI levels — currently nearing overbought — for a potential cooldown.
📌 Stay alert. This move could be the start of something bigger.
Are you buying, selling, or holding? Let’s talk in the comments.