Bitcoin Analysis (as of June 21, 2025)

🔹 Fundamental Analysis of Bitcoin:

1. U.S. Monetary Policies

Despite the Fed hinting at the possibility of lowering interest rates by the end of 2025, inflation remains relatively high, delaying monetary easing decisions. High interest rates generally negatively impact high-risk assets like Bitcoin.

2. Institutional Interest

Spot ETF funds continue to inject liquidity moderately into the market, but momentum has decreased compared to the early months of their launch. Some institutions like BlackRock and Fidelity continue to support Bitcoin as a long-term asset.

3. Impact of the Halving Event

The last mining reward halving occurred in April 2024. Historically, the significant bullish impact begins 6 to 12 months after the halving, meaning we are currently in a “natural post-halving lull” period.

4. Market Regulations

The United States continues to tighten oversight on cryptocurrencies, and there are ongoing issues between the SEC and major platforms like Binance and Coinbase. This causes some caution among investors.

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🔹 Technical Analysis:

• The current price fluctuates between $61,000 and $63,000.

• The medium-term overall trend remains bullish, but there is strong resistance near $65,000 and $69,000.

• The nearest support currently lies in the range between $59,500 and $58,000.