📈 $BTC on the Move Again! 🕵️‍♂️
🗓️ As of June 16, BTC is once again flexing its resilience, bouncing back to $106,762 after dipping to a local low of $100,410 just days earlier. The bulls have clearly awakened. But what’s fueling this momentum?

🔍 Chart Breakdown:
✅ Trend Reversal Zone: After printing a textbook double-bottom at ~$100,410, BTC soared to challenge the $110,880 peak—before retracing. Today’s candle shows a decisive bounce from $105k, confirming strong buying interest.
✅ Golden Cross Brewing: The 7 MA is curling upward and just crossed above the 25 MA—a short-term bullish signal. The 99 MA at ~$105,646 still looms, but BTC is now decisively above it.
✅ MACD Momentum: The MACD line has crossed above the signal with widening histogram bars—momentum is building again. This often precedes strong moves upward.
✅ RSI Signals Strength: The RSI(6) has blasted past 80, suggesting overbought territory—but in a bull phase, this can actually indicate strength, not exhaustion. Traders should monitor for divergence or consolidation before the next leg.

🔥 Key Levels to Watch:
📌 Resistance: $110,880 (local high) – Will BTC retest or break through?
📌 Support: $105,000 and $102,500 – critical for maintaining bullish structure.

🎯 Potential Scenarios:
1️⃣ Bull Case: If BTC holds above $106K and volume confirms, a breakout past $110.8K could trigger FOMO and take us toward $115K+.
2️⃣ Bear Case: A rejection at $108K–$110K with weakening volume may lead to a retest of the $104K–$102.5K support zone.

💬 Community Question:
Do you think BTC is just warming up for a summer breakout—or are we seeing a bull trap unfold?

🧠 DYOR but keep your eyes open—this chart is talking loud and clear!