Technical analysis by Caramel0 about Symbol BTC on 6/16/2025

Hello Fellow Gamblers,Bitcoin did a beautiful move towards our confirmation level, but we are now facing with a possible rejection.As you can see in the chart, i have 2 paths that are possible for us to see happening.- We need the 1hr 20EMA hold support for a continuation up, a break of the 20EMA support will take price towards 106k level.- A break of 106 level will validate the bearish scenario.- If 106k level holds, we could see come quick accumulation to recharge for a stronger breakout.- Level's to watch: 110.5k, 108.4k, 106.6k, 104.3k, 101.0k