$BTC Here's a quick overview of $BTC (Bitcoin) from a swing trading strategy perspective as of June 21, 2025:
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📊 Bitcoin Swing Trading Snapshot (Technical Overview)
🔹 Trend Direction:
Medium-term trend (Daily chart): Likely still bullish if price is above 50-day EMA
Short-term momentum: Can vary — needs candle confirmation
🔹 Key Support Levels:
$64,000 – $65,000 (strong support zone)
$60,500 (previous swing low – potential stop-loss area)
🔹 Key Resistance Levels:
$69,000 (psychological + prior ATH region)
$72,500+ (if breakout occurs)
🔹 Indicators to Watch:
RSI: If near 40–50 → possible bounce zone