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2025-06-20
15:27
BTC Price Analysis: Shorts Take Profit as $104K Support Shows Bid Depth – Bitcoin (BTC) Trading Update

According to Skew Δ (@52kskew) on Twitter, Bitcoin (BTC) experienced a short-term bounce as short sellers took profits, leading to renewed buying activity. The $104,000 price level remains a critical support, with increased bid depth returning at this zone, suggesting strong market interest and potential for further volatility. Traders should monitor order book dynamics and watch for sustained price action above $104K to gauge bullish momentum. Source: @52kskew, Twitter, June 20, 2025.

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