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As of June 18, 2025, Bitcoin is trading at $104,569, reflecting a 2.6% intraday decline. After dipping around $103,300, bulls responded swiftly, regaining control above $105K. Trading volume surged to $1.7 billion, suggesting market participants are actively positioning.
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Key Points
Bitcoin is trading around $105,452, down 1.75% in the last 24 hours
Despite the drop, daily volume has increased to $1.7 billion, indicating strong interest
Technical indicators still favor bulls, with most SMAs and EMAs flashing buy signals.
Short-term resistance sits at $107,869, with $100K as key psychological support.
A break above $110K could reignite momentum toward $150K in the coming years.
Halving effects and macroeconomic trends may fuel upside through 2026–2031.
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Technical Overview – 1D Chart
The RSI (14) is at 47.7, signaling a neutral trend with slight bullish bias. All major moving averages, from short-term (SMA 3) to long-term (SMA 200), are indicating a buy, supporting the medium-term upside structure.
Volatility and Short-Term Momentum
On the 4H chart, bears are trying to reclaim momentum near the EMA bands, though the BoP indicator at -0.99 suggests bears are still dominating. The MACD remains below the signal line, hinting at potential short-term consolidation or downside continuation.
Scenario Analysis
Bullish
If BTC breaks and sustains above $107,869, a run to $109,561 and beyond may follow
Bearish:
A drop below $102,703 could lead to a retest of $100,298, increasing pressure
Long-Term Outlook (2025–2026)
The long-term projection for Bitcoin still targets $150,000+, contingent on macro catalysts like ETF adoption, post-halving cycles, and decreasing supply pressure. Institutional inflows remain a key variable. Historically, Bitcoin’s strongest surges occur 12–18 months post-halving — aligning with the 2026–2027 window.
Conclusion
Bitcoin holds a bullish long-term trend despite short-term volatility. While corrections may occur, the structure remains favorable for higher targets. The path to $150K is still intact, especially if macro conditions and investor sentiment align in the coming quarters.
Don't Scared, Don't Fear, Be Brave and Market Would Into You
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