$BTC
📉 Bitcoin Today: Analysis and Perspectives in a Volatile Market
The price of Bitcoin (BTC) remains in a narrow range today, June 21, 2025, trading around $104,500, after several failed attempts to break the key resistance of $108,000. Despite solid support in the $103,400–$104,000 zone, the lack of bullish momentum keeps BTC trapped in a symmetrical triangle on 4-hour charts, with resistance at $105,600 and support at $103,400.
📊 Key Indicators:
- RSI at 44.4: Moderate bearish bias, but not entering oversold territory.
- MACD flat: No clear momentum, indicating consolidation before possible volatility expansion.
- Decreasing volume: Reflects indecision among traders, with neutral expectations in options for today.
🔍 Why Isn't BTC Taking Off?
Recent attempts to surpass $108,000 were rejected by aggressive sellers, leading the price to seek liquidity at lower levels. Additionally, the 200 EMA at $106,672 acts as a strong ceiling, limiting upward movements.
🎯 Possible Scenarios:
1. Bullish: If BTC closes above $105,800, it could attempt to retake $107,000–$108,500.
2. Bearish: A break below $103,400 could lead to a test of $102,000 or even $100,600.
📌 Macro Context:
Bitcoin has accumulated a 530% increase since January 2023, and some analysts anticipate a possible peak in November 2025. However, factors such as geopolitical tensions and institutional flows (e.g. MicroStrategy increasing its holdings) continue to influence.
🔗 What are you expecting for BTC today? Share your analysis and let's follow the market evolution! 🚀
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