According to Michaël van de Poppe, Bitcoin (BTC) continued to decline as liquidity was taken below recent lows, reaching the first target region for traders (source: @CryptoMichNL on Twitter, June 17, 2025). The analyst notes that a further drop to sub $100k levels is less likely, suggesting that a price rotation could occur ahead of the upcoming FOMC meeting. Active traders should monitor BTC's reaction at current support levels and watch for volatility around the Federal Reserve's decision, as macroeconomic policy shifts may impact crypto market sentiment.