$BTC
š Bitcoin Technical & Fundamental Update ā June 21, 2025
BTC is trading at $103,458 (-2.24%), showing near-term weakness after rejection at $111,980.
š Technical Insights:
Price is below key moving averages MA(7), MA(25) ā signaling short-term bearish pressure.
Support zone: $102,345 ā $97,000
Resistance zone: $105,600 ā $106,500
STOCH RSI is deeply oversold ā suggesting a potential bounce if buying volume returns.
š Fundamental Pulse:
š U.S. debt crosses $37T; rising interest burden is increasing appeal for hard assets like BTC.
š” Mining firms (e.g., Bitdeer) report rising BTC holdings ā showing institutional confidence.
š Short-term risk-off sentiment continues amid macro uncertainty and low liquidity.
š¬ Outlook:
Caution near-term, but long-term structure remains intact if bulls defend $97K.
Are you buying the dip or waiting for confirmation?š
#Bitcoin #CryptoUpdate #BTC #CryptoMarkets #TechnicalAnalysis #Binance #NTH