$BTC forecast
Bitcoin’s price, currently at **$106,383.00 USD** as of 11:22 AM on June 16, 2025, may experience a modest upward movement in the next 24 hours, potentially reaching $108,000–$110,000. Recent trends show volatility, with prices fluctuating between $103,000 and $106,000 over the past day, following a monthly peak of $111,560 on May 23. Web sources like Changelly suggest a possible increase to $108,500–$110,000 based on current market trends, while CoinCodex indicates a longer-term target of $112,587 by July 15, reflecting a gradual rise rather than an immediate spike.
However, short-term risks are notable. Binance’s four-hour chart shows a bearish trend with falling moving averages, contrasting with a bullish daily outlook, and CoinCodex’s RSI (52.63) signals neutrality. Long Forecast estimates a June range of $93,806–$117,197, with a potential dip to $105,000 if momentum weakens, influenced by geopolitical tensions and market corrections. The upcoming Bitcoin Prague 2025 conference could lift sentiment, but macroeconomic factors like the US Flash Manufacturing PMI might cap gains.
Overall, a slight upward trend to $108,000–$110,000 seems plausible, though volatility (around 4.17%) advises caution. Investors should monitor real-time technical levels, news from Bitcoin Prague 2025, and economic data closely to navigate potential price swings effectively over the next 24 hours.