🔍 Bitcoin Market Analysis – June 23
Bitcoin is currently trading around $101,500, showing signs of consolidation after recent volatility. Key support sits at $100K — a breakdown could send BTC toward $92K–95K. On the upside, $107K remains the major resistance; a breakout may lead to $112K–125K targets.
Market Drivers:
Fed’s stable interest rates & expected cuts in 2025
Institutional buying continues (ETFs, OTC desk activity)
Geopolitical tensions (Middle East) adding short-term volatility
Long-term sentiment remains bullish despite choppy price action
🎯 Outlook:
Bullish: Break above $107K → Next stop: $112K+
Bearish: Fall below $100K → Watch $95K and $92K zones
Stay sharp & watch key levels. 📈
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