๐ Bitcoin (BTC) Analysis โ June 16, 2025
๐ Current Price: $106,780 (+1.3% in the last 24h)
๐น BTC is holding strong above the key psychological level of $100K, with solid support around $104K.
๐น It's currently testing resistance at $107K โ a breakout could open the path toward $112K and $120K next.
๐น Technical momentum remains positive, though a โrising wedgeโ pattern signals potential for a short-term pullback.
๐ Short-term trend: NeutralโBullish
๐ฏ Mid-term target: $120Kโ$137K
โ ๏ธ Risk zone: A break below $104K could lead to a rapid correction
๐ก Institutional inflows, macro sentiment, and ETF demand continue to drive BTCโs long-term bullish case.
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๐ What do you expect from BTC this week โ Bull or Bear?
๐ฌ Drop your thoughts in the comments ๐
