$BTC Here's a full snapshot of today's Bitcoin market;
š Price & Technical Analysis
Current Price: ~$104,944 USD with a daily intraday range between ~$100,055 and $105,934.
Support & Resistance Levels:
Key support sits around $100,800 (VWAP/near-term structure) and $99,250 (daily channel base).
Resistance lies in the $104,773ā106,400 EMAā100 / supply zone and $102,800ā103,800 EMAā20/50 cluster.
Indicators:
RSI (30-min) sits around 60, MACD shows bullish crossover, and Bollinger Bands are expanding ā all hinting at momentum building to the upside.
š° Market Sentiment & Drivers
Bullish Momentum: Bitcoin successfully held above $100Kāeven after geopolitical shocks (e.g., USāIran tensions)āindicating dip-buying strength.
Macro Factors: Anticipation of US Fed rate cuts and ongoing global geopolitical tensions are pushing institutions toward crypto as a hedge.
Institutional Adoption: The US government's Strategic Bitcoin Reserve (established March 2025) plus spotāETF inflows (e.g., BlackRock's IBIT) are boosting credibility and demand.
š® Predictions & Forecasts
Source Short-Term (6/24ā6/25) Mid-Term (Q2āQ4 2025)
FXLeaders Eyeing resistance at $109,280 ā $111,569 if it holds above $101,276
Changelly Forecast to rise ~19.4%, reaching ~$121,021 by 6/25
CoinCodex June avg: ~$121,807, expected 67ā71% upside into summer July ~$135,885; August ~$151,425; September ~$123,981
InvestingHaven 2025 range: $77Kā155K; many bullish predictions up to $200K Endā2025 āstretchedā target ~$174Kā181K; 2026ā27 upside above $200K
Standard Chartered (Geoff Kendrick) Q2 ATH around $120K Yāend target: $200K
Galaxy Digital (Alex Thorn) H1āÆ2025: >āÆ$150K; Endā2025: ~$185K
Analysts Caution: tight stopāloss if price drops below $99,236.
ā ļø Risks & Watchpoints
1. Breakdown below $99K could trigger a deeper decline (~$93ā94K) per some traders.
2. Macro shocks: any fresh escalations (e.g., IsraelāIran), Fed decisions, or global trade ā volatility.
3. Regulatory changes: ongoing US policy shifts SEC, stablecoin lawācould amplify uncertainty.
ā Strategy Outlook
Short-Term (Next 1ā3 days):
Holding above $103ā104K could spark momentum toward $109ā111K; a drop below $100ā101K needs careful positioning and stops near $99.2K.
Mid-Term (SummerāQ4 2025):
Market consensus remains bullish. Many forecasters project >$150K by midā2025, rising toward $180ā200K by yearās endādriven by institutional flows, government support, and halving-related supply/demand dynamics.
š Final Wording
Bullish momentum intact, supported by technicals, macro backdrop, and strong institutional tailwinds.
Watch critical zones: $103ā106K resistance vs $100ā101K support.
Upside targets range from $120Kā150K short-term, potentially $180ā200K+ by year-end.$BTC