$BTC 📈 Analysis and forecast for $BTC on Binance: further prospects? 📉
As of June 12, 2025, 09:32 EEST, the price of $BTC on Binance is $107,800, with a decline of 1.5% over the last 24 hours. Trading volume is approximately $55.23B, and market capitalization is $2.14T (with a circulating supply of 19.88M tokens). The decline is related to a correction after a rally and the anticipation of macroeconomic data.
Technically, BTC shows a neutral momentum. On the 4-hour chart, the 50-day SMA is close to the 200-day, indicating consolidation. RSI (14) at 48 indicates a neutral zone, while MACD shows weak bearish momentum. Resistance is at $108,500; a breakout would lead to $110,000. Support is at $106,000, and below that at $104,000.
Forecast: In the coming days, BTC may trade in the range of $106,000–$108,500, with a chance of rising to $110,000 by the end of June on positive news. By July 2025, a rise to $112,000 is possible with increased liquidity. Fundamentally, BTC remains a reserve asset, but risks include regulation.
Further prospects? A decline of 1.5% and a price of $107,800 are close to support at $106,000. Buying at $106,000 with a target of $108,500 and a stop-loss at $105,500 seems justified. Stay tuned for news! #BTC #Binance #CryptoAnalysis