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22.06.202618:53 Forex Analysis & Reviews: Trading Signals for BITCOIN (BTC) on June 22-25, 2026: buy above $63,000 (21 SMA - 0/8 Murray)

Relevance up to 12:00 UTC--4
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Exchange Rates 22.06.2026 analysis

Bitcoin is trading around $64,069 above the 21 SMA and within the uptrend channel that has formed since early June.

Over the weekend, Bitcoin managed to rebound above $62,500, reaching a high of around $64,000. BTC could rise in the coming hours, although signs of exhaustion are evident.

If Bitcoin consolidates above the 21 SMA around $63,473 in the coming hours, we could view this area as a good entry point for long positions, with targets at the 200 EMA around $67,537.

If downward pressure continues but the lower band of the uptrend channel proves to be strong support, we could view this zone around $63,000–$62,900 as a good buying opportunity.

A technical bounce around the 0/8 Murray level at $62,500 could give Bitcoin a bullish outlook in the coming days. Conversely, trading below this zone could keep Bitcoin under bearish pressure, and we could expect it to reach the psychological level of $60,000 or even the -1/8 Murray level.

The Eagle indicator is showing a positive signal, but we could expect Bitcoin to consolidate; however, if the BTC price remains above $62,500, we could open long positions.

Dimitrios Zappas
Analytical expert of InstaForex
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