$BTC

### **Bitcoin (BTC) Price Snapshot**

- **Current Price**: ~$104,500 (₹8,957,579.21 in India), trading in a tight range between **$103,400 (support)** and **$105,600 (resistance)** .

- **Recent Volatility**: A sharp drop to **$102,400** triggered $300M in liquidations (mostly leveraged longs) amid geopolitical tensions and macro uncertainty .

### **Technical Outlook**

- **Pattern**: Symmetrical triangle consolidation on 4-hour charts, with Bollinger Band width shrinking, signaling low volatility .

- **Indicators**:

- **RSI**: 44.4 (mild bearish bias) .

- **MACD**: Flat near zero, hinting at potential volatility surge .

- **Parabolic SAR**: Dots above price candles suggest near-term downside pressure .

### **Key Levels to Watch**

- **Upside**: Break above **$105,800** could target **$108,000–$108,600** .

- **Downside**: Loss of **$103,400** support may retest **$102,000** or **$100,600** .

### **Market Sentiment**

- **Options Data**: Put/Call OI leans slightly bearish for June 21 expiry, with implied volatility at **31%** (low breakout expectations) .

- **Liquidation Risks**: High leverage amplifies sell-offs; **$286M longs liquidated** in 4 hours .

### **Macro Catalysts**

- **Corporate Treasuries**: Trump Media & others are doubling BTC holdings, buoying long-term demand .

- **Expert Predictions**: Some analysts eye **$125K by June** and **$150–200K by year-end** .

**Summary**: BTC remains range-bound with neutral-bearish signals, but technicals and institutional adoption could fuel a breakout. Traders should monitor macro triggers (e.g., Fed policy, geopolitics) and key levels.