As of June 7, 2025, Bitcoin (BTC) is trading around $104,870, reflecting a modest recovery from recent lows. Here's an analysis of its current support and resistance levels, along with short-term and year-end price predictions:
---
🔍 Technical Analysis: Support & Resistance Levels
Support Levels:
$101,458 – $103,201: $BTC Short-term support zone identified by Binance analysts.
$97,663: Corresponds to the 0.382 Fibonacci retracement level, where BTC recently found support.
$91,505: Weekly support level; a breakdown below this could lead to further declines.
Resistance Levels:
$104,800 – $107,370: Near-term resistance range, including previous support turned resistance and trendline caps.
$110,624: A significant barrier; surpassing this could signal a move toward new all-time highs.
---
📈 Short-Term Price Prediction (June 2025)
Changelly forecasts $BTC reaching approximately $118,078 by June 7, 2025, indicating an 11.68% increase from current levels.
Binance projects a gradual rise to around $104,945 by June 8, 2025.
Crypto.News notes that a break above the $107,000 resistance could lead BTC to test its all-time high near $112,000.
---
📊 Year-End 2025 Price Forecasts
Tom Lee (Fundstrat) predicts BTC could reach between $150,000 and $250,000 by year-end, driven by global liquidity expansion and institutional adoption.
Standard Chartered suggests a potential rise to $200,000, contingent on favorable market conditions and increased institutional investment.
LongForecast estimates $BTC trading between $115,561 and $132,957 in June, with potential growth toward the end of the year.
