Crypto & Blockchain Daily Brief Sunday, June 22, 2025

According to the article, Bitcoin (BTC) is currently trading above the $30,000 support level but faces resistance near $33,000. The price prediction for June 21 suggests that if Bitcoin manages to break above $33,000, it could pave the way for a stronger upward movement towards $36,000. However, if the $33,000 resistance holds, Bitcoin might correct back towards the $30,000 support level. Technical indicators such as the Relative Strength Index (RSI) and the Moving Average Convergence Divergence (MACD) are showing mixed signals, indicating a potential consolidation phase for Bitcoin in the short term. The RSI is hovering around the 50 level, suggesting a balanced market sentiment between buyers and sellers. The MACD, on the other hand, is showing a slight bearish divergence, indicating a possible downward correction. In terms of support and resistance levels, Bitcoin has immediate support at $30,000, followed by stronger support at $28,000. On the upside, resistance is seen at $33,000, with the next resistance level at $36,000. Overall, the article suggests that Bitcoin's price movement on June 21 will be crucial in determining its short-term direction. Breaking above $33,000 could lead to a bullish momentum, while failing to do so might result in a retest of the $30,000 support level. Traders and investors are advised to closely monitor key support and resistance levels as well as technical indicators to make informed decisions.