Technical analysis by ElodieBlairFx about Symbol BTC on 6/18/2025

This 30-minute BTC/USD chart shows a significant price movement where Bitcoin broke below a rising channel before finding support around the $103,500 zone. A potential reversal pattern is forming, with a bullish setup indicated by a rounded bottom formation. If the price holds above the $105,000 level and breaks the resistance zone around $105,500, a further move toward $106,000+ is possible. Traders are watching closely for confirmation of this recovery move.