In today's analysis (June 20, 2025), Bitcoin is holding steady at around $106,000, with fluctuations within a narrow range between $104,000–$106,500. Technical indicators show that the price is consolidating above the 50-day moving average (around $103,100–$104,000), which supports the potential bullish scenario. A 'symmetrical triangle' pattern is forming, making future movement dependent on breaking resistance at ~$108,000–$109,000 or breaking support at ~$103,000–$102,000. Recently high volume and an increase in large wallets (>1 BTC) enhance the bullish pressure, but the RSI near 68 indicates a potential pullback before continuing the rise. Simply put: until it surpasses $108k, trading remains limited, and the greater probability is a test of support soon.
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