Bitcoin Update #$BTC — June 16, 2025
■ Current Situation:
The price closed weekly at 105,579, which is below the resistance set between 106,000 — 108,000, but it has started to form a higher low on the 4-hour timeframe, indicating an improvement in the price structure.
Currently, it is moving within the resistance range, and breaking through this range and maintaining above it will enhance the chances of rising towards higher targets, God willing.
■ Initial Targets:
First Target: 106,000 — 108,000 (+0.4% — +2.3%)
Medium Target: 120,000 (+13.7%)
Long-term Target: 157,000 (+48.7%)
■ Current Support:
103,531 — 101,324 (−3.2% — −4.0%)
■ Next Support (if the current support is broken):
96,498 — 94,231 (−8.8% — −10.8%)
■ Conclusion:
The price closes below the resistance, but it shows positive signs by forming upward bottoms. Breaking through the current resistance will strengthen the bullish scenario, while failure to do so may push the price to test lower supports.
