💥 Bitcoin $104K: Prepare for

⸻

📌 Current Market Overview (June 19, 2025):

• BTC is stabilizing around $104,700, with slight fluctuations during the day (~$104K–105K)  .

• The Fed recently announced to keep interest rates, the market remains balanced and awaits new signals.

⸻

🔍 Main Signal Suggestions:

⚖️ 1. Competition around $104K–105K

• Many experts warn about the phenomenon of “rug pull” or slight corrections around this point .

• However, Spot BTC ETFs continue to attract strong capital flows, reflecting the long-term confidence of institutional investors .

📊 2. On-chain Data & Market

• Spot ETF data shows consistent inflows of capital.

• Technical support levels around $104K–105K are holding very well – many signs indicate whales are still holding and buying in .

🌍 3. Macroeconomic & Geopolitical Factors

• Israel–Iran: The escalating situation causes risky assets to decline, but Bitcoin remains resilient—reflecting new shelter flows .

• DXY fluctuates, the Fed holds interest rates; all creating a “wait-and-see” environment.

🌟 Possible BTC Scenarios:

🔼 If it holds the $104K–105K range

• Many analyses forecast a potential rise to the $115K–130K range by the end of Q2–Q3  .

• Call options betting on $130K are also being actively traded.

🔽 If it loses the $104K mark

• It may adjust down to test the support range of $100K–$102K .

• This is also a notable area according to EMA (100, 200-EMA).

🎯 Summary for you:

• BTC is fluctuating around $104,700 — a solid range to prepare for a new breakout.

• If it holds, the next target could very well be $115–130K by the end of Q2–Q3.

• If it loses, then testing the $100–102K range is highly likely.

#Bitcoin #BTC