By early June 2025, Bitcoin is trading around $103,688, recording a weekly gain of 7.6%, driven by strong institutional investments and positive macroeconomic news.
📈 Technical Predictions
Current Resistance Level: $103,681 (Fibonacci Extension 2.272).
In the event of a breakout above resistance: The price is heading towards $105,249 (Fibonacci Extension 2.618), representing a 1.5% increase.
Support Levels:
$102,448 (Fibonacci Correction 2.0).
100.71$7 (Fibonacci Correction 1.618).
MACD Indicator: Shows signs of a potential bearish crossover, indicating the possibility of an upcoming correction wave.
📊 Future Predictions
Optimistic Forecasts: Some analyses suggest that Bitcoin could reach levels between $120,000 and $130,000 by the end of 2025, based on technical and fundamental analysis.
More Optimistic Forecasts: Some companies and analysts expect the price of Bitcoin to reach new record levels, ranging between $150,000 and $250,000 or more, driven by increased institutional adoption, supply shortages of Bitcoin, and infrastructure development.
🧭 Tips for Investors
Close monitoring: It is important to monitor the mentioned support and resistance levels, as they can provide important signals for the future price direction.
Technical Analysis: Using indicators like MACD and RSI can help identify optimal entry and exit points.
Risk Management: Setting stop-loss and take-profit orders can help protect investments from market volatility.