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 $…

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