Bitcoin Price Approaches $100,000 Ahead of Critical June 22 Volatility
Bitcoin is trading around $104,731, testing the psychological resistance level of $100,000. Analysts highlight June 22, 2025, as a key date for potential volatility.
Key Points
- Current trading range is between $99,705 and $108,316.
- Technical indicators suggest a significant price move could occur around June 22.
- The On-Balance-Volume (OBV) oscillator indicates ongoing selling pressure.
- If Bitcoin falls below $99,705, it may lead to a corrective move towards $89,294.
- A breakout above $108,316 could push prices towards $109,598 and $111,696.
Market momentum shows signs of cooling, with low OBV readings suggesting an intense market standoff. Key focus remains on the $104,000 to $106,000 zone, where a confirmed break could dictate Bitcoin's next major move.
