Bitcoin (BTC) is currently trading around $104,700. Itโs holding relatively steady, fluctuating within a narrow intraday range of about $104,000โ105,000.
๐ Short-Term Outlook (Next Month)
๐ Slight Upside Expected
Binanceโs prediction suggests a ~5% increase over the next week, reaching roughly $104,700 and climbing further to around $104,750 by July 20 .
CoinDCX forecasts a bounce to $108,000 by June 25, provided support holds; a slip below ~$102K could drop BTC toward $98K .
๐ Wider Monthly Forecasts
Medium analysis (Hartarto) estimates Bitcoin may close June near $113,500, potentially climbing to $124,000 in July .
LongForecast gives a June range of $95Kโ112K, average $103.8K .
โ ๏ธ Key Technical Levels
Strong supports lie around **20-day EMA ($106K), 50-day ($103K), and 200-day ($93K)** .
Resistance levels sit between $108Kโ112K, and a breakout beyond this could trigger a mid-summer rally.
๐ Medium-Term Outlook (Summer 2025)
CryptoQuant analyst believes BTC could reach $130Kโ135K by August, based on on-chain volume dynamics similar to previous parabolic moves .
InvestingHaven sees a bullish trend in 2025 overall, estimating BTC could trade between $77Kโ155K this year .
Meanwhile, a Vox/Metaculus survey indicates a 70% probability of BTC crossing $200,000 at some point in 2025 .
๐ก Reminder: Why BTC Moves
Institutional inflows, especially via spot Bitcoin ETFs, continue to build momentum.
U.S. strategic Bitcoin reserve initiative (March 2025) adds credibility/global reserve demand .
Macro trendsโinterest rate shifts, liquidity flow, and geopolitical instabilityโremain key wildcards.
๐ฎ So, Will BTC Go Up or Down Next Month?
Short-term (by late June): Modest upside likelyโ$108K is a realistic target if support around $103Kโ106K holds.
If breakdown occurs below $102K, a dip toward $95Kโ98K becomes possible.
Medium-term (JulyโAugust): Momentum may push BTC toward $130Kโ135K, especially if macro conditions and on-chain trends remain favorable.
โ Bottom Line
Current price: ~$104.7K
Short-term trend: Mildly bullish
Next monthโs range: $98Kโ$113K, likely leaning toward the upper end
Summer outlook: Continued strength with potential to test $130K+
