$BTC
🧭 BTC Market Update – June 21
Status: Descending channel still in play – awaiting breakout confirmation
🔹 BTC remains trading within a clear descending channel on the H1/H4 timeframes.
🔹 The price is hovering near key support around $101,800–$102,000, but no decisive breakout has occurred yet.
📉 Technical Highlights:
DTT (Dynamic Trend Tracking) has defined T1 at $101,814, repeatedly tested but not yet broken.
The Fib 100 level at $101,900 is holding for now – structure remains intact unless it breaks with volume.
Daily chart still reflects downside risk towards $100,000–$100,500, but only if T1 fails.
📈 Current Scenario:
Short-term bounce to ~$104,400, potential rejection zone
Retest of $101,800 support
If support holds → possible rally toward $110,000+
If it breaks → looking at targets near $100,500 and $95,178 (Daily DTT level)
⚠️ For now:
No confirmed trend reversal yet
No impulsive entries – patience is key
Holding current position with defined SL, waiting for a clean signal
🔐 Active Strategy:
We're positioned with minimal risk and strong reward potential.
Evaluating new trades only upon breakout above $104.400 or structural retest below $100.500.
—
🧠 “Those who wait with ice in their veins stand strongest when the market burns.”
- Notorious Trader