Bitcoin (BTC) Price Prediction for June 17, 2025
The Bitcoin price is seeing renewed momentum heading into June 17, following a successful rebound from the $104,000–$105,000 demand zone. While bulls have reclaimed mid-Fibonacci support levels, the market still faces key hurdles near recent supply zones.
What’s Happening With Bitcoin’s Price?
After defending the $104,000 base recently , the Bitcoin price today stands at $106,678, up nearly 1% in the last 24 hours. The move comes after a week of sideways action marked by low volatility and consolidation within a narrowing range.
The daily chart now shows BTC pushing back above the 0.5 Fibonacci level at $105,514 and approaching the 0.382 retracement at $106,706. A daily close above this region would reinforce bullish sentiment for the short term.
The Bitcoin price update also reflects improved order flow and minor break-of-structure (BOS) signals on the 4-hour chart, suggesting buyers are regaining control.
Smart Money Concepts and Liquidity Zones
From the 4-hour chart, the Bitcoin price recently printed a bullish Change of Character (CHoCH) after defending the $…
The post Bitcoin (BTC) Price Prediction for June 17, 2025 appeared first on Coin Edition.
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XRP and Bitcoin Both Show Bullish Signs, But for Very Different Reasons
Bitcoin (BTC) Price Prediction for June 17, 2025
The Bitcoin price is seeing renewed momentum heading into June 17, following a successful rebound from the $104,000–$105,000 demand zone. While bulls have reclaimed mid-Fibonacci support levels, the market still faces key hurdles near recent supply zones.
What’s Happening With Bitcoin’s Price?
After defending the $104,000 base recently , the Bitcoin price today stands at $106,678, up nearly 1% in the last 24 hours. The move comes after a week of sideways action marked by low volatility and consolidation within a narrowing range.
The daily chart now shows BTC pushing back above the 0.5 Fibonacci level at $105,514 and approaching the 0.382 retracement at $106,706. A daily close above this region would reinforce bullish sentiment for the short term.
The Bitcoin price update also reflects improved order flow and minor break-of-structure (BOS) signals on the 4-hour chart, suggesting buyers are regaining control.
Smart Money Concepts and Liquidity Zones
From the 4-hour chart, the Bitcoin price recently printed a bullish Change of Character (CHoCH) after defending the $…
The post Bitcoin (BTC) Price Prediction for June 17, 2025 appeared first on Coin Edition.
Read More