🚨 Bitcoin Poised for Another Breakout at $106K – June 25, 2025
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📊 Market Snapshot
Bitcoin is currently hovering around $106,700—consolidating just above the 200‑day EMA (~$107,000), signaling a pivotal moment for its next move .
🔍 Key Technical Levels & Indicators
Resistance: ~$107,000 – a break above could trigger the next leg higher .
Support: 200‑day EMA ($105k) – a fracture could see prices dip to $100–103k .
RSI: Still neutral, indicating room to move without being overbought.
Ichimoku Cloud: Daily chart remains bullish above the cloud, though short‑term momentum may be easing .
🧭 Potential Scenarios
Bullish:
Close above $107k with volume → possible rally to $110k–112k short‑term.
Institutional interest via ETFs remains strong, supporting further upside .
Bearish:
Breakdown below the 200‑day EMA → potential support test at $100k, with worst-case retrace toward $95k–$98k .
🧠 My View
I’m leaning bullish—with $107k as a critical pivot. Expect a shakeout first (false breakdown), followed by a push to $110k+, presuming macro factors (Fed, geopolitical calm) hold steady.
💬 Your thoughts?
Are you betting on a breakout above $107k?
Or positioning for a pullback to $100k?
What signals are you watching (volume, RSI, macro news)?
👇 Drop your analysis & let’s ride this together on Binance Square