$BTC A low of $101,095 was recorded on June 13, 2025, amid heightened market volatility due to geopolitical tensions (Israel-Iran conflict).

Support Levels:

Immediate support lies near $102,300 (200-EMA on the 4H chart). A break below this could push BTC toward $98,000.

Stronger support is seen at $100,000–$104,000, a critical zone where buyers have previously stepped in.

Resistance Levels:

Immediate resistance is at $108,260, followed by $112,000 (recent high). A break above $112,000 could target $120,000 by the end of June.

The $106,000–$107,000 zone has acted as a resistance recently, and a sustained move above this is needed for bullish confirmation.

Technical Indicators

Moving Averages (MAs):

4H Chart: Bitcoin is trading below the 20-, 50-, and 100-EMAs (e.g., 100-EMA at $104,553), indicating short-term bearish pressure. However, the 200-EMA at $102,337 remains a key support.

Daily Chart: The 50-day MA is rising and below the current price, suggesting potential support for future price movements, while the 200-day MA is falling, indicating a weaker long-term trend.

Weekly Chart: The 50-day MA is sloping up and below the price, acting as potential support, while the 200-day MA has been rising since July 9, 2024, reinforcing a strong long-term bullish trend.

A golden cross (50-day MA crossing above 200-day MA) formed last month, signaling bullish momentum.