$BTC
As of June 15, 2025, hereโs the latest update on Bitcoin ($BTC):
๐ Price: ~$66,420
(Down ~1.4% in the past 24h)
๐ Key Market Insights:
๐ป Short-Term Dip:
BTC saw a minor pullback from the $67.5K level as market sentiment cooled off following hawkish signals from the Fed.
๐ Technical View:
Support: $65.8K and $64.2K
Resistance: $67.8K and $70K
RSI: ~46 (Neutral zone)
MACD: Bearish crossover on the 4H chart โ short-term weakness ahead.
๐ง Why the Drop?
U.S. macro data pointed to lower inflation, but not low enough to confirm rate cuts.
Traders rotated into cash & gold after signs of continued geopolitical tensions in the Middle East.
๐ฎ Analyst Sentiment:
๐ด Short-Term: Slightly bearish bias
๐ก Mid-Term: Bullish above $64K
๐ข Long-Term: Still intact โ BTC accumulation remains strong on-chain