$BTC Bitcoin has been consolidating recently, trading around $105,000, after reaching an all-time high of $112,000 last month.

Despite recent sideways movement, Bitcoin has shown resilience in 2025, gaining approximately 13.5% year-to-date.

Technical indicators show mixed signals, with some suggesting a potential breakout, while others point to a possible pullback.

The 200-day moving average is sloping upwards and is below the current price, indicating a strong trend and potential support.

Some analysts suggest a potential rise to $108,000 by June 25, 2025, and a breakout toward $135,000 by Q3 2025, driven by institutional adoption and On-Balance Volume (OBV) divergence mirroring past rallies.

However, a close below $102,000 could push prices lower to $98,000