Analysis of $BTC

As of June 20, 2025, BTC remains in a narrow range between $104,500 and $105,000, consolidating within a symmetrical triangle on 4-hour charts.

The Bollinger Bands and contracted ATR suggest imminent volatility.

In the short term, it surpassed the 50-hour moving average (~$64,200 on the hourly chart), viewed as a rebound signal, with RSI close to 62 and stable MACD, reinforcing a moderate bullish bias.

Looking ahead, according to analysis using the 200-week MA and Mayer Multiple, BTC could reach $220,000 by mid-2026, while levels between $130,000 and $135,000 are projected for the summer of 2025.

Key technical points:

Supports: ~$103,400–104,000.

Resistances: ~$105,500 → $108,000.

Summer projection: $130,000–135,000.

200-week cycle: target price at $220,000 in 2026.