Wednesday, June 24, 2026
Bitcoin ↑ +0.52%
Smart Money Concepts analysis of Bitcoin for 2026-06-24. Open $62,339, close $62,662, intraday range of 6.69% ($59,080-$63,032).
Smart Money Concepts read
Bitcoin closed in bullish mode with light momentum. The 6.69% intraday range reflects moderate institutional activity (volume $30.7B).
Structure: Wide range showing institutional volatility. Liquidity sweep likely.
vs 7-day MA: close is below the 7-day moving average ($63,981) by -2.06%. Bearish bias confirmed by MA7.
Methodology
These daily analyses are computed from official CoinGecko data (open, high, low, close, volume). The SMC narrative combines daily change, intraday range, position vs 7-day moving average and institutional volume. For the full framework, see our SMC pillar guide.
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