๐ BTC: Calm Before the Next Move? (June 16โ22, 2025)
This week, Bitcoin slipped below the psychological $100k level โ not abruptly, but like someone who got tired of holding on. Since June 18th, the market showed signs of exhaustion, eventually closing the week around $99.1k.
๐ Key Insights:
โ Over $600M in long liquidations
โ Positive funding rates โ a sign that most traders were still bullish
โ Open Interest remains high (~$72B)
โ Technically: lower highs, bearish RSI, support now around $100kโ$104k
The market appears overleveraged. Maybe it just needed to exhale.
๐ฎ Looking Ahead (June 23โ29):
โ If $100k fails decisively, we might visit $96k or even $90k
โ A rebound above $106k could push BTC to $110kโ$115k
โ Long-term: the โcup & handleโ pattern still suggests potential for $160k+
๐ What to Watch:
โ BTCโs behavior near $100k
โ Funding rates & OI on Coinglass
โ ETF inflow news and macro risk shifts
โ Overall sentiment & crowd behavior
โ๏ธ A Thought to End On:
The market doesnโt always scream. Sometimes it whispers โ and waits to see if weโre still listening.
๐ฃ Whatโs your take? Healthy pullback or the start of something deeper?
#bitcoin #BTCAnalysi #BeginnerTrader #MarketPullbacks #PeacefulTrading