🟡 BTCUSD Daily Market Analysis—June 24, 2025

Introduction

In today's analysis, we delve into the BTCUSD market, currently trading at 105,535 USD. This detailed examination will cover both daily and 4-hour time frames, utilizing various technical indicators such as Fibonacci Retracement Levels, Exponential Moving Averages (EMA), Relative Strength Index (RSI) divergence, weekly and daily pivots, Smart Money Concepts (SMC), support and resistance levels, order blocks, and the Moving Average Convergence Divergence (MACD). Understanding these elements is crucial for traders looking to navigate the volatile cryptocurrency market effectively.

Current Market Overview

Current Price: 105,535 USD 💵

The Bitcoin market is characterized by significant price swings, with a recent swing high of 110,587 USD and a swing low of 98,240 USD. These levels provide essential reference points for our analysis, helping to identify potential support and resistance areas.

Technical Analysis

Support & Resistance Levels

Daily Time Frame

• Support Levels:
  

  • 1st Support: 100,000 USD 🔻

  • 2nd Support: 98,500 USD 🔻

  • 3rd Support: 97,000 USD 🔻
    

• Resistance Levels:
  

  • 1st Resistance: 107,000 USD 🔺

  • 2nd Resistance: 110,000 USD 🔺

  • 3rd Resistance: 110,587 USD 🔺
    

4-Hour Time Frame

• Support Levels:
  

  • 1st Support: 104,000 USD 🔻

  • 2nd Support: 102,500 USD 🔻

  • 3rd Support: 101,000 USD 🔻
    

• Resistance Levels:
  

  • 1st Resistance: 106,000 USD 🔺

  • 2nd Resistance: 107,500 USD 🔺

  • 3rd Resistance: 108,500 USD 🔺
    

Fibonacci Retracement Levels

Using the Fibonacci retracement tool based on the swing high of 110,587 USD and swing low of 98,240 USD, we identify key retracement levels:

• 23.6% Level: 106,000 USD 📏

• 38.2% Level: 104,500 USD 📏

• 61.8% Level: 100,000 USD 📏
  

These levels can serve as potential reversal points, providing traders with valuable insights into market dynamics.

Exponential Moving Averages (EMA)

Daily Time Frame

• EMA 50: 104,500 USD 📊

• EMA 100: 102,000 USD 📊

• EMA 200: 98,500 USD 📊

• EMA 400: 95,000 USD 📊
  

4-Hour Time Frame

• EMA 50: 105,000 USD 📊

• EMA 100: 103,500 USD 📊

• EMA 200: 102,000 USD 📊

• EMA 400: 100,000 USD 📊
  

The EMAs provide insight into the overall trend direction, with shorter EMAs reacting more quickly to price changes. Currently, the price is above the EMA 50, indicating a bullish sentiment.

RSI Divergence

The Relative Strength Index (RSI) is a critical indicator for assessing overbought or oversold conditions. Currently, the RSI shows a slight divergence, suggesting that while the price has been rising, the momentum may be weakening. Traders should monitor this closely as it could indicate a potential price correction in the near future. 📉

Order Blocks

Identifying order blocks helps traders understand where significant buying or selling has occurred. Current order blocks can be observed near:

• Buy Order Block: 100,000 USD 🟢

• Sell Order Block: 107,000 USD 🔴
  

These levels are crucial for understanding market sentiment and potential price action.

MACD Analysis

The Moving Average Convergence Divergence (MACD) indicator is currently showing a bullish crossover, suggesting upward momentum. However, traders should remain cautious of potential corrections as the price approaches key resistance levels. 📈

Summary of Key Levels

Daily & 4-Hour Support and Resistance

• Daily Support: 100,000 USD 🔻, 98,500 USD 🔻, 97,000 USD 🔻

• Daily Resistance: 107,000 USD 🔺, 110,000 USD 🔺, 110,587 USD 🔺

• 4-Hour Support: 104,000 USD 🔻, 102,500 USD 🔻, 101,000 USD 🔻

• 4-Hour Resistance: 106,000 USD 🔺, 107,500 USD 🔺, 108,500 USD 🔺
  

Exponential Moving Average (EMA) Levels

Daily Time Frame

• EMA 50: 104,500 USD 📊

• EMA 100: 102,000 USD 📊

• EMA 200: 98,500 USD 📊

• EMA 400: 95,000 USD 📊
  

4-Hour Time Frame

• EMA 50: 105,000 USD 📊

• EMA 100: 103,500 USD 📊

• EMA 200: 102,000 USD 📊

• EMA 400: 100,000 USD 📊
  

Weekly Pivots

• 1st Level: 106,000 USD 📈

• 2nd Level: 105,000 USD 📈

• 3rd Level: 104,000 USD 📈
  

Daily Pivots

• 1st Level: 105,500 USD 📈

• 2nd Level: 105,000 USD 📈

• 3rd Level: 104,500 USD 📈
  

Fibonacci Retracement Levels

• 23.6% Level: 106,000 USD 📏

• 38.2% Level: 104,500 USD 📏

• 61.8% Level: 100,000 USD 📏
  

Fundamental Analysis and Upcoming USD News

As we look ahead, several key USD news events are scheduled that could significantly influence the BTCUSD market:

• Federal Reserve Interest Rate Decision: Scheduled for next week, this announcement will impact Bitcoin prices as traders react to potential changes in monetary policy. A hawkish stance could strengthen the USD and lead to a decline in BTC, while a dovish tone may support Bitcoin as a hedge against inflation. 🏦

• Non-Farm Payrolls Report: Due to be released in the coming weeks, this report will provide insights into employment trends and economic health, influencing investor sentiment towards Bitcoin. 📊

• Inflation Data Release: Upcoming inflation figures will be critical in shaping expectations around interest rates and the overall economic outlook, directly affecting Bitcoin demand. 💹
  

Traders should remain vigilant and prepared for potential volatility surrounding these events, as they can lead to significant price movements in the Bitcoin market.

Conclusion

In conclusion, the BTCUSD market analysis for June 24, 2025, highlights critical technical levels and indicators that traders should monitor closely. With the current price at 105,535 USD 💵, understanding support and resistance levels, EMAs, and upcoming economic data will be essential for making informed trading decisions. Keep an eye on the market as it reacts to both technical signals and fundamental news, ensuring you are well-positioned to capitalize on potential opportunities. 🚀