Bitcoin value has been ranging close to its highs, consolidating earlier than persevering with greater. That’s the perception many merchants together with veteran dealer Kaleo, who’s tweet is cited beneath. Between 9-18 of June the whole influx in BTC ETFs is $2.408 billion. Eight consecutive days of optimistic inflows throughout which value has dropped from $110,000 right down to $104,000. That’s known as dissonance! Or somebody has offered extra throughout that interval?
#Bitcoin / $BTC
It is simple to overlook that final bull market, Bitcoin’s parabolic ascent did not start till AFTER equities absolutely recovered from the Covid Crash and made new all time highs.
The S&P500 is as soon as once more on the verge of breaking out to new all time highs – this time… pic.twitter.com/ngJ4qhtrXZ
— Ok A L E O (@CryptoKaleo) June 19, 2025
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Kaleo raises a great level in his evaluation. Will BTC transfer intently to the SPX this time as effectively? We’re to search out out quickly. Within the meantime, let’s do our personal evaluation.
Crypto Survived The FOMC FUD Cycle: Bitcoin Worth Evaluation For June 2025
(BTCUSD)
We have to hold it easy and have a look from afar with this 1W timeframe chart. I’ve saved the degrees on the chart from the earlier article and added a couple of extra. We are able to clearly see that thus far, BTC has been rejected from its 2024 excessive. We’re nonetheless above all Transferring Averages and have a weekly Truthful Worth Hole. The RSI stage right here can also be decrease than again in 2024.
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(BTCUSD)
On the 1D chart, we’ll begin with Transferring Averages. MA50 remains to be holding, although it seems prefer it may not be for lengthy. MA100 is about to cross above MA200, which might be an indication of energy. The yellow line is earlier resistance, which was damaged above in Might and remains to be to be examined as assist.
The crimson line at $92k was assist for 3 months—between Nov 2024 and Feb 2025—so it’s one other essential stage to observe.
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(BTCUSD)
Right this moment, we’ll keep on excessive timeframes and check out some value motion data on the 1D timeframe. We’ve got a low at $100,000 that was examined as soon as. That low and 4 wicks fill the FVG 2 zone. Bitcoin’s value might check this zone once more and bounce. Or there’s the FVG 1 zone, which nonetheless has not been examined. Many individuals may freak out if the value goes that low. We watch and hold a stage head!
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Bitcoin Worth Evaluation For June 2025: Development, Key Ranges and Extra
Key zones to observe are FVG 1 and FVG 2
Weekly FVG aligns with FVG 1
Worth grew 40% in a month – regular to see a retrace
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