$BTC $BTC /USD Falls from $106.5K to $100.8K – Hammer Candle Signals Bullish Reversal (as of June 22, 2025):
°24h High: $103,982.64
°24h Low: $100,837.90
°Current Price: $102,715.58
°Overall Trend:
The market experienced high volatility. After a strong uptrend peaking at $106,524.65, BTC sharply dropped to $100,837.90 and has since been recovering gradually.
💥 Powerful Candlestick Formations Observed:
1.Shooting Star (Bearish Reversal)
°Location: Near the top at $106,524.65
°Meaning: After a strong rally, a long wick on top signals rejection and upcoming sell pressure.
2.Strong Bearish Engulfing
After Peak: A large red candle completely engulfing the previous green candle confirms the trend reversal and heavy selling