According to Mihir (@RhythmicAnalyst), BTC is currently consolidating within a well-defined structure, with the white line indicating support and the orange line marking resistance. The immediate support level is identified at $100K, providing a critical price floor for traders to monitor. This consolidation phase suggests reduced volatility and potential for significant breakout moves once the resistance is tested. Traders should watch for price action near these levels to anticipate possible trend reversals or continuation, as highlighted in Mihir's analysis. Source: Twitter (@RhythmicAnalyst, June 21, 2025).

According to AltcoinGordon on Twitter, a recent post features a chart image that highlights crucial market patterns relevant for cryptocurrency traders. The visual emphasizes the importance of recognizing repeating price structures, which can inform entry and exit strategies for top altcoins and Bitcoin. This analysis is particularly valuable for day traders seeking to capitalize on short-term volatility in trending crypto assets, as evidenced by AltcoinGordon's shared insights (Source: AltcoinGordon on Twitter, May 12, 2025).