Bitcoin started the new day over 104,500 dollars, but the weekly performance draws a horizontal picture with 2 %loss. Despite the geopolitical tensions in the Middle East, the lack of significant mobility in the markets divided the analysts into two: Silence or a harbinger of an upcoming storm?

📉 Cryptoquant: 92 thousand dollars at the table

According to Cryptoquant’s June 19 report, the momentum weakness in Bitcoin demand indicates that the market may decline to $ 92,000 in the short term. The company’s demand momentum indicator is currently at -2 million BTC -this is the lowest reading to date.

ETF entrances have decreased by 60 %compared to April. Whale purchases fell by half, while short -term investors have evacuated approximately 800,000 BTC positions in the last 3 weeks.

🧊 Glassnode: Silence is not stagnation, but maturity

Glassnode, on the other hand, draws a different result from the same data. The low activity of On-Chain is interpreted as a natural consequence of the growth of the system. Although the transaction fees, miner revenues and number of transactions are low, the increase in large volume transfers shows that the network is mostly used by corporate actors.

In addition, futures and option volumes reveal that the market has reached 7 to 16 times, and the market is now more complex and transformed into a structure that distributes risks.

⚖️ FlowDesk: not tension, but the voltage potential

Flowdesk, based in France, offers an impartial look. The low volume and general silence in the subcoins show that the market is like a “stretched but unpaid” bow. The increasing demand for assets and stablecoins such as Xaut points to alternative growth areas.

📊 Semler Giant Plan from Scientific to Bitcoin

Semler Scientific, traded in Nasdaq, aims to reach 105,000 BTC by 2027. The company, which currently has 4,449 BTCs, plans to reach this goal with AT-THHE-MARKET sales, borrowing and cash flow. However, the market value of the company is currently traded below 15 %of BTC assets, which poses a risk of capital increase.

🏦 CTCs carry different risk profiles than traditional

According to Presto Research, companies such as Strategy and Metaplanet can offer a more sustainable structure with unlike traditional ETFs with debt -free, unsecured and cash flow -oriented financial engineering models. Although the risks do not disappear, their nature changes.

📊 Market Summary (20 June 2025):

BTC: $ 104.665

Resistance: $ 105.150

Support: $ 92,000 - $ 81,000 (Cryptoquant)

ETH: $ 2.490

Resistance: $ 2,510

Breakage Potential: Upward

Gold: $ 3,366

Horizontal course with the effect of geopolitical tension

Nikkei 225: 0.24 %increase

The cautious rise in Asia before the Chinese LPR decision.