📍 Bitcoin (BTC) – Market Update | June 18
Price: $105,000
📊 TA Overview:
BTC is consolidating between $103,500–$107,700, forming a symmetrical triangle. Compression continues — breakout soon.
🟢 Long Setup:
📥 Entry: $104,000–$105,000
📈 Confirmation Entry: Break above $107,700
🎯 Targets: $110,000 → $112,500
❌ Stop-loss: Below $103,000
🟩 Bias: Favoring long near support. Triangle breakout = full send.
🔴 Short Setup:
📥 Entry: Only if BTC breaks below $103,000
🎯 Target: $100,000–$101,000
❌ Stop-loss: Above $105,500
🟥 No short yet — wait for breakdown confirmation.
🌍 Macro View:
No Fed rate cut yet 🏦 — liquidity remains tight
Iran–Israel tensions ⚔️ pressuring global risk markets
BTC behaving like a risk asset — not a safe haven (yet)
📌 Recoil View:
Still coiling. Long is decent near support — but real move starts above $107,700 or below $103K.
IMP: Always manage your risk and avoid over trading!🥰
