🚀 Bullish or Bearish - Bitcoin's Dilemma! (18 June 2025)

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Welcome back to

BULL MARKET BYTES

Your byte of cryptocurrency insight where Bitcoin is on the verge of either starting an epic upward movement or crashing downward . . .

The anticipation is killing me . . . quite literally . . . 😅

Here is what we have for you today!

📊 BLOCKCHAIN BREAKDOWN

• Bitcoin Technical Analysis - Bearish Pressure Continues to Grow!

• What to Anticipate Next - Bullish or Bearish? . . . That is the Question!

📌 BULL MARKET BULLETIN

• Cryptocurrency Headlines - How to Mine Bitcoin from the Comfort of Home, Bitcoin Trader Hit with $60,000 Transaction Fee & More!

BITCOIN TECHNICAL ANALYSIS

Bitcoin continues to have us on the edge of our seat as we wait in anticipation for it to make up its mind . . . up or down?

What is the latest development for Bitcoin’s performance? June has now become a red month - which isn’t something anyone wanted to see!

From last Wednesday’s newsletter, Bitcoin has gone from +0.48% to -0.09%.

Luckily, the 2nd quarter is still green - going from +27.18% to +26.47%.

Do we still have high hopes for the month of June or has our timeline extended due to the current world events?

A great question that we will dive more into in this newsletter, but before we do, a word from today’s sponsor!

Thank you to The Rundown AI for sponsoring today’s newsletter!

As we have all witnessed, the recent real-world events involving Iran and Israel haven’t helped us in the “portfolio section”.

So far, it hasn’t completely extinguished any hopes of Bitcoin achieving a new all-time high, but we are starting to see the aftereffects.

Let’s take a look at Bitcoin’s daily movement below to see what we are up against and if we should initiate “panic mode.”

Byte, take it away!

🤖 Byte the Bot: “Bitcoin holds key support at $104,442.54 - but the current candlestick is extremely bearish! 82.18% potential for support break.

Warning: Bitcoin’s break of $104,442.54 and confirmation with lowest prices will end the bullish cup and handle formation . . . caution is advised!”

Thank you for those warm words of confidence, Byte.

Bitcoin’s current candlestick is extremely bearish, indicated by the long wick at the top and the “body” of the candlestick at the bottom.

At this moment, we are holding key support at $104,442.54, but the likelihood of Bitcoin breaking below is extremely high!

Granted, it is possible for Bitcoin to hold and continue upward but there are multiple factors that are not helping to include.

• Ascending support has been broken - that led to 1 July all-time high break

• Current candlestick has extreme bearish downward pressure

• Current real-world events

This prompts the primary question . . . will Bitcoin push higher in the upcoming months, or has it been delayed?

This is a question on everyone’s mind, and we will answer that in everyone’s favorite section - “What to Anticipate.”

WHAT TO ANTICIPATE

With the current real-world events, Bitcoin staying above $100,000 has been bittersweet!

We may be seeing a foreshadowing of Bitcoin crashing back down, but we are holding onto hope that it maintains, and everything goes back to normal.

📈 Which formations are we watching? All eyes are on how the bullish cup and handle formation is going to play out.

If we break $104,442.54 and the price confirms below that price, it is possible to form a bearish descending triangle formation or descending wedge.

By the 24th of June, it is extremely probable that we will know if we are now heading in a bearish or bullish direction.

🌍 In a perfect world, what do we see? Bitcoin needs to recover from the recent dip in price and hold key support.

In a perfect world, Bitcoin will bounce off of support at $104,442.54 and push higher - which will continue the cup and handle formation.

At this point, we want support to hold that leads us to the 7th of July - the new date that Bitcoin would break the all-time high by.

🤷‍♂️ Is Bitcoin’s all-time high delayed? Even with the current real-world events, we are still confident in Bitcoin breaking higher between now and August.

In return, we have many ETFs that are required to have a final determination in October . . . what does this mean?

Bitcoin could break the all-time high by August and “alt-season” could begin in October of this year!

🤔 Our overall thoughts? Time holds the answer to all questions! By this weekend, we will have a clear understanding of two things.

• If Bitcoin breaks support and becomes bearish

• If Bitcoin bounces off of support and continues to be bullish

The next 72 hours are crucial! Keep an eye on Bitcoin and if it bounces off of support or extreme bearish pressure occurs once under support.

We are signing off, but we will see you in our next newsletter on Saturday!

BULL MARKET BULLETIN 📌

Bitcoin Transaction Results in $60K Fee Never a fun thing when you initiate a transfer - read the fine print wrong - and then pay $60,000 in transaction fees! This is exactly what happened to this crypto investor when attempting to expedite a transaction on the blockchain! Keep in mind, the fee that he received was almost double the amount that was being attempted to send!

How to Mine Bitcoin at Home in 2025 As Bitcoin continues to be massively adopted, investors are thinking of all ways to accumulate more! The unique thing, Bitcoin can be mined passively while at home! The question is, what is needed for this to happen? You are in the right spot for this news article!