$BTC
Update on Bitcoin $BTC – June 16, 2025
Hey everyone, Bitcoin still hasn't broken out of its range!
The price is currently hovering around $104,900 and is still confined between:
📌 Strong support at: 103,000 – 101,500
📌 Stubborn resistance: 106,500 – 108,000
💬 My personal opinion
If it breaks 106.5k with a strong close, we could easily soar to 110k
But if it loses support at 103k, we will likely drop to 98k or a bit lower
🎯 My plan today (not financial advice)
✅ Buy (long) above 105,200 targeting 106,500
⛔ Sell (short) if it breaks 103,000 targeting 100,500 – 98,000
💡 The market is not very clear right now, so be mindful of the news and manage your capital well 💰
Let me know your thoughts on this move? Where do you see Bitcoin heading? 😎👇
