🚨 BTC Price Alert: Is Bitcoin Setting Up for a Major Bounce or Breakdown? 📉📈

As of 7:00 PM PKT, June 22, 2025, Bitcoin (BTC/USDT) is trading at $100,792.63, showing a 1.36% decline (-$1,387.88). Let’s break down what the 1D chart tells us — and where BTC could be headed next! 🧭🔥

📊 Quick Overview:

Current Price: $100,792

24h Change: -1.36% 📉

Range: $100,268.75 – $103,776.00

Volume: 507,679 BTC / $2.03B

Trend: Short-term bearish momentum continues 🐻

🔍 Technical Indicators:

📉 RSI (6): 27.16 — oversold, potential bounce incoming ⚠️

📊 Bollinger Bands (20, 2): Price hugging the lower band ($100,945), often a reversal zone 🔄

📉 Moving Averages:

5 MA: $761.96

10 MA: $445.98

BTC is trading below both MAs — bearish short-term signal ⚠️

🧠 Chart Insights:

🟥 Recent candles show a steep fall from $102,831 ➝ $100,268, yet we’re now seeing a small recovery.

🟩 If BTC holds above $100,500, it could spark a bullish bounce, especially with increasing volume.

🔮 Potential Scenarios:

🟢 Bullish Setup:

📈 If support holds at $100,268, BTC may target:

🎯 $102,831 (resistance)

🎯 $103,594 (upper Bollinger Band)

✅ Confirmation: Green close above 5 MA + rising volume.

🔴 Bearish Breakdown:

⚠️ If BTC breaks below $100,268, it may dip toward:

🚨 $99,945 or lower support zones

🚫 Weak RSI & low volume could extend the drop.

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$BTC