Bitcoin### Bitcoin Price Analysis (June 21, 2025)
#### **Current Price**: $103,236.15 (as of the snapshot)
- The price is hovering near the lower end of the recent range, with key support at **$102,000** (marked as "S/s" on the chart).
- Resistance levels are visible at **$105,000**, **$107,000**, and **$110,000–$114,000**.
#### **Key Observations**:
1. **Support and Resistance**:
- **Strong Support**: $102,000 (critical level; break below could signal further downside).
- **Immediate Resistance**: $105,000 (previous entry point and psychological level).
- **Higher Targets**: $110,000–$114,000 (if bullish momentum returns).
2. **Price Action Context**:
- The price recently rejected the $105,250 level ("Entry") and is now testing lower support.
- The "Profit" markers at $105,000 and $105,026 suggest these were take-profit zones for traders.
3. **Trend and Sentiment**:
- The chart shows consolidation between $102,000–$110,000, with no clear breakout yet.
- A hold above $102,000 could lead to a retest of $105,000, while a break below may target $100,000 or lower.
4. **Volume and Timeframe**:
- The snapshot lacks volume data, but the date range (June–July) suggests a medium-term view.
- Key dates to watch: June 25–28 and early July for potential volatility.
#### **Conclusion**:
- **Bullish Case**: Hold above $102,000 and reclaim $105,000 to aim for $110,000+.
- **Bearish Risk**: Break below $102,000 could accelerate selling toward $100,000 or $99,000.
**Actionable Insight**: Watch the $102,000–$105,000 range for a breakout or breakdown. A rebound from support with volume could signal a buying opportunity, while a drop below $102,000 may indicate further downside.
*(Note: The analysis is based on limited data from the snapshot. For a full assessment, additional indicators like RSI, MACD, and volume would be needed.)*
