Bitcoin (BTC) Price Prediction For June 20, 2025
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?
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.
Bitcoin…
The post Bitcoin (BTC) Price Prediction For June 20, 2025 appeared first on Coin Edition.
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Bitcoin (BTC) Price Prediction For June 20, 2025
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?
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.
Bitcoin…
The post Bitcoin (BTC) Price Prediction For June 20, 2025 appeared first on Coin Edition.
Читать больше