$BTC 📈 Analysis and Forecast for $BTC on Binance: Further Prospects? 📉
As of 09:32 EEST, June 20, 2025, the price of $BTC on Binance is $104,700, showing an increase of 0.05% over the last 24 hours. Low volatility and small trading volume indicate consolidation, possibly due to expectations of news.
Technically, BTC is in a sideways range. On the 4-hour chart, the 50-day SMA is close to the 200-day, signaling neutral momentum. The RSI (14) at 48 shows a balance of power, while the MACD indicates weak dynamics. Resistance is at $105,500, a breakout of which could lead to $108,000. Support is at $103,000, with a lower level at $100,500. Holding above $104,700 maintains stability.
Forecast: In the coming days, BTC may reach $105,500, with a chance to rise to $106,000 by the end of June if volume increases. A rise to $110,000+ is possible by July if positive drivers emerge. The long-term outlook for 2026 is $120,000+, assuming market growth. Risks include a correction to $103,000.
Further prospects? The price of $104,700 is close to $105,500. Buying at $103,000 with a target of $106,000 and a stop-loss at $102,000 is possible. Stay tuned for news!