Bitcoin Update June 15th 2025Bitcoin / US DollarCOINBASE:BTCUSDchevs710📊 Summary: Bitcoin leaning slightly bearish short term, but trendline still intact ... 🟢 Bullish Signals Price still above the orange trendline support (bullish structure intact). Money Flow Index (green) is still in the positive zone. Green dot was printed recently (momentum reversal signal). Still above the $100K psychological level, and strong support at ~$100,023. 🔴 Bearish Signal Price rejected hard from resistance (~$110,616–$112,000 zone). Lower high pattern forming. Stoch RSI is curling down after peaking — early signal of momentum loss. Market is struggling to reclaim $105,745, a key level. ... 🔄 Key Levels to Watch: 🔼 Resistance $105,745 – $110,616 Reclaiming = bullish continuation 🟧 Support $100,023 Break = bearish shift 🟨 Next Support $93,037 Below here = deeper correction possible ... 📉 Verdict: Short-term: Bearish bias (momentum cooling, resistance holding) Mid-term: Neutral/Bullish (structure still intact as long as $100K holds) ..... 📌 Setup Type: Support Bounce or Breakdown Play Timeframe: Daily (swing trade setup) Risk Profile: Medium Indicators Used: Price structure, support/resistance, trendline, momentum oscillators ... 🟢 Bullish Scenario – Long Setup 🔹 Entry: $100,200–$101,000 (trendline retest and major support zone) 🔹 Stop-Loss: Below $98,000 (Invalidates the higher-low structure and breaks trendline) 🔹 Targets: 1. $105,745 – reclaim level (TP1) 2. $109,118 – Fib extension (TP2) 3. $112,000 – recent high resistance (TP3) 🔹 Risk/Reward Estimate: RR ~3:1 (depending on exact entry/exit) ... 🔻 Bearish Scenario – Short Setup 🔹 Entry: Break and retest below $100,000 (Look for a candle close under + rejection on retest) 🔹 Stop-Loss: Above $101,200 🔹 Targets: 1. $93,037 – strong horizontal support (TP1) 2. $89,750 – deeper wick target (TP2) 🔹 Risk/Reward Estimate: RR ~2.5:1 ... 🧠Bonus Tip – Use Alerts: 🔔 Set alerts at: $100,200 (to watch for bounce setup) $98,000 (for breakdown) $105,750 (resistance reclaim confirmation) Note: Retail Sales - Tuesday Unemployment Claims - Wednesday FOMC Rate Decision- Wednesday US Markets Closed - Thursday ... Much love and appreciation, – chevs710