Bitcoin ($BTC) Price Prediction for June 2025: Can Bulls Defend $105K and Extend the Rally Toward New Highs?
The Bitcoin price is going to enter June 2025 on a strong long-term footing, but short-term signals point to cooling momentum after the latest rally to multi-month highs. With price action now facing resistance around the $112,000 mark, traders are assessing whether this is a temporary pause or a precursor to a broader pullback. This article evaluates the monthly forecast using multi-timeframe analysis, combining short-term indicators with the weekly macro structure.
What’s Happening With Bitcoin’s Price?
The Bitcoin price today is around $105,800, retreating slightly from recent highs near $112,000. While the long-term trend remains upward, short-term sellers have re-entered the market as price faces rejection at the upper bounds of a critical resistance zone.
The weekly chart provides crucial context. Bitcoin broke decisively out of a descending wedge in early Q2 and has since reclaimed the $95,000 and $100,000 levels, flipping them into solid support. This macro breakout confirms the broader bullish structure, with price now moving in an upward channel. However, after a steep ascent through April and May, price …
The post Bitcoin ($BTC) Price Prediction for June 2025: Can Bulls Defend $105K and Extend the Rally Toward New Highs? appeared first on Coin Edition.
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Bitcoin ($BTC) Price Prediction for June 2025: Can Bulls Defend $105K and Extend the Rally Toward New Highs?
The Bitcoin price is going to enter June 2025 on a strong long-term footing, but short-term signals point to cooling momentum after the latest rally to multi-month highs. With price action now facing resistance around the $112,000 mark, traders are assessing whether this is a temporary pause or a precursor to a broader pullback. This article evaluates the monthly forecast using multi-timeframe analysis, combining short-term indicators with the weekly macro structure.
What’s Happening With Bitcoin’s Price?
The Bitcoin price today is around $105,800, retreating slightly from recent highs near $112,000. While the long-term trend remains upward, short-term sellers have re-entered the market as price faces rejection at the upper bounds of a critical resistance zone.
The weekly chart provides crucial context. Bitcoin broke decisively out of a descending wedge in early Q2 and has since reclaimed the $95,000 and $100,000 levels, flipping them into solid support. This macro breakout confirms the broader bullish structure, with price now moving in an upward channel. However, after a steep ascent through April and May, price …
The post Bitcoin ($BTC) Price Prediction for June 2025: Can Bulls Defend $105K and Extend the Rally Toward New Highs? appeared first on Coin Edition.
Read More