#SwingTradingStrategy

Update on Bitcoin price forecast for today 20-06-2025 $BTC

The price of Bitcoin (BTCUSD) has jumped during its recent intraday trading, approaching our morning target by testing the resistance level of $106,500, supported by the flow of positive signals in the relative strength indicators, attempting to shake off the negative pressure of the simple moving average for the 50 period, under the control of the main upward trend in the short term and trading alongside the slope line, which reinforces the positive scenario for its future movements.