Bitcoin (BTC) Price Prediction For June 20, 2025

Bitcoin Market Analysis Price Prediction

Jun, 19, 2025

< 1 min read

by Parshwa Turakhiya

for CoinEdition

Bitcoin continues to hover below a critical resistance zone, maintaining a tight range after recent failed breakout attempts. Traders are closely watching for confirmation of either a bullish reversal or further downside as key momentum indicators remain mixed. Here’s a detailed look at the Bitcoin price today, current momentum, and what to expect next.

What’s Happening With Bitcoin’s Price?

*BTC price dynamics (Source: TradingView)*

The Bitcoin price is trading at $104,980 at the time of writing, reflecting a minor decline of 0.14% over the last 24 hours. Following a sharp rejection from the $108,000–$109,000 zone, BTC is consolidating above the $104,300–$103,700 support band. Buyers are attempting to defend this range amid increasingly tight price action forming within a symmetrical triangle pattern on the daily chart.

This contraction phase, paired with declining ATR (average true range), suggests Bitcoin price volatility is compressing ahead of a breakout. The question now is Why is Bitcoin price going down today despite supportive technical structures? The answer lies in conflicting momentum signals and weakening trend strength indicators.