Why is June 22 Important When the Price of Bitcoin Hits $100,000

The price movement of Bitcoin is currently challenging the sensitivity of investors as it fluctuates around the 100,000 dollar mark. Although the price is hovering around this psychological level, analysts are emphasizing June 22, 2025, as a crucial date for potential volatility. Supported by both historical volatility patterns and technical indicators, this date is shaping up to be an important window for Bitcoin's next move. Bitcoin Prepares for Volatility on June 22 Bitcoin is entering a crucial phase as it trades above $100,000, with technical signals identified by TradingView's 'readCrypto' expert aligning around an important timeframe—June 22. Chart analysis indicates that June 22 is a significant day, signaling the anticipated start of Bitcoin's next volatility window, with the potential for a breakthrough or collapse depending on how the leading cryptocurrency reacts to key support and resistance zones. Currently, Bitcoin is trading at $104,731, close to the important confluence range between $104,463 and $106,133—a zone marked as the midpoint of the structure. This area is defined by DOM (60) and the Heikin-Ashi high point on the price chart, marking the formation of the upper boundary recently. Furthermore, the lower limit of the range is at $99,705, which is the HA-High support level, where the price has been tested before but has not yet been broken. According to analysts, June 22 is crucial as it coincides with the convergence of key price levels with the M-Signal indicator on the weekly chart. This indicator is currently rising and is approaching the HA-high level of 99,705 dollars. If Bitcoin drops below this level, it could signal the beginning of a deeper correction, possibly targeting the monthly M-Signal line or even the 89,294 dollar region, corresponding to Fibonacci 2.618. Conversely, if Bitcoin holds above this level and breaks through the resistance level of $108,316, momentum could shift back towards the upside. The analyst has set a higher bullish target near $109,598 and $111,696, reflecting the final resistance area before reaching new highs. Support Zone And Momentum Indicates Tension Ignoring the forecast due to fluctuations from readCrypto, the Bitcoin chart from the TradingView analyst shows that the On-Balance-Volume (OBV) oscillator is still below the zero line. This indicates that despite the recent increase, selling pressure may still be dominating the market in general. However, the histogram chart shows signs that the selling momentum is weakening. This divergence is consistent with the weakening (RSI) of Bitcoin, indicating that momentum may be cooling down. The low OBV indicators, combined with the recent recovery from the lower support range, also emphasize the severe stalemate in the market. If Bitcoin breaks below the Heikin Ashi high of 99.705 dollars, the likelihood of re-testing the new low of 89.294 dollars is very high. Until then, readCrypto's analysis shows that all eyes are on the $104,000 to $106,000 area. The zone between $99,705 and $108,316 currently defines the upper boundary of the consolidation range. A confirmed move outside of this range, primarily triggered during the period from the 21st to the 13th of June, could determine Bitcoin's next major move.