$BTC Here is a comprehensive analysis of Bitcoin's price movement (BTC) dated June 20, 2025:
---
📌 Market outlook today:
The price fluctuates between ~102,600 and 106,450 dollars, currently closing at around 103,300 dollars.
It witnessed a slight increase (≈+1.1%) with the beginning of the day reaching 106,081 dollars, driven by improved risk sentiment due to some easing between the United States and Iran.
Nevertheless, the technical food denied a slight decline (~‑0.14%) as the price continues to rest above the support area of 104,000–104,300 dollars.
---
🎯 Short and medium technical indicators:
Reference part i) The oscillation triangle has been appearing since May within the range of 103,400–105,600 dollars. ii) The 21-day average at ~105,800 dollars represents current technical resistance.
Technical momentum: RSI indicator ~44 (slight downward bias), MACD is directionless, and Bollinger Bands are narrow – indicating a stabilization period paving the way for an upcoming price explosion.
Options data: Open interest is concentrated around strikes of 104–105k, with a slight advantage for puts, reflecting conservative or neutral expectations in the short term.
---
💡 Upcoming scenarios:
Situation Break the guardianship Next target
Rise Daily close above ~105,500–105,800 dollars 108k, then -120k depending on momentum
Decline Break below 103,400–104,000 dollars Test -102k, then -100.6k, and possibly ~98–96k
---
🌐 Macroeconomic factors:
Political/Economic: The decision to suspend the third elected relationship with Iran currently, and expectations for the dollar/global markets affect trader sentiment.
Federal Reserve policy: Keeping interest rates stable has stimulated stability in cryptocurrencies, with hints of potential cuts in 2025.
Institutional liquidity emissions: Data shows a gathering of capital blocks as major institutions appear to be buying, accompanied by signals of a desire to rise to 120k–125k dollars.
---
✅ Summary:
The price today is in a stage of accumulation and technical pressure within a defined range. The market direction (upward or downward) depends on a clear break of resistance or support today or tomorrow, especially near the area of 105.8k–108k for the bulls, and 103.4k–102k for the bears.
---
As a professional trader, I advise you to monitor these levels, using stop-loss strategies around critical technical boundaries, and to move with a clear break either upwards or downwards.
---
